January 11, 2012

If It Seems They Can't Get Any Dumber

Conservative cult hero supply-sider Arthur Laffer has mentioned that unrealized capital gains are "currently" not taxed. Apparently he thinks he's refuting Warren Buffett--by putting the matter of taxing unrealized gains on the table ("currently taxed at zero percent"...great choice of words). Undermining his party in order to supposedly win a debating point.

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