[lbo-talk] why one conservative opposes o's tax cuts

[M]

On Oct 13, 2008, at 6:08 PM, shag wrote: 


> But more generically, raising the capital gains taxes is stupid in 
> pretty much every philosophy of economics, with well-understood 
> consequences. 

Which explains this graph. See how stupid?

http://img369.imageshack.us/img369/9933/gdp2040capitalgainsrk3.jpg

Well, those philosophies, plus a heapin helpin of counterfactual history.