Monday, December 21, 2009

A 400 Percent (and Higher) Excise Tax by Michael S. Rozeff

A 400 Percent (and Higher) Excise Tax by Michael S. Rozeff

Wow - I cannot say that this necessarily applies to me (yet) but then again, just selling and buying shares to reallocate my investments probably puts me in the cross hairs. This tax is a big, bad, idea and as the author points out, a killer to the movement of capital and hence economic growth. Why are there so many idiots out there?????

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