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Change the tax laws regarding capital gains taxes

Created by J.M. on November 30, 2011

The majority of wealth is not in earnings, but in other assets. The wealthiest individuals do not always have the highest salaries; by raising taxes on capital gains, dividends, etc. we can generate much more revenue than by cutting spending (by the way, Social Security and Medicare should not be considered "entitlements" - just look at your paycheck deductions.) Let the Bush era tax cuts expire, but not UI benefits, etc. The national conversation has been hijacked by special interests and plutocrats; we must concentrate on creating jobs and on raising revenue through responsible taxation. An emphasis on deficit reduction is not wise in a recession; we must spend our way out of this responsibly and not forget the most vulnerable in our society.

Budget & Taxes
Economy & Jobs
Government & Regulatory Reform
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