To: Slyscribe
How can you have a 119% tax rate?.......
3 posted on
07/20/2011 4:19:40 PM PDT by
Red Badger
(PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
To: Red Badger
The capital gains rate is currently 20%. Increasing it by 119% means it would then be 43.8%
7 posted on
07/20/2011 4:23:49 PM PDT by
PapaBear3625
(When you've only heard lies your entire life, the truth sounds insane.)
To: Red Badger
How can you have a 119% tax rate?.......You can't however you can have an increase of 119% from existing taxes.
9 posted on
07/20/2011 4:25:18 PM PDT by
EGPWS
(Trust in God, question everyone else)
To: Red Badger
It think they mean it will increase 119%.
But then again, the normal laws of mathematics do not apply in DC.
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