You're right, which is probably why capital gains taxes are at their lowest level in ~80 years.

It is complete fiction that the highest earners/wealth holders in this country are being over-burdened by taxes. They can point to individual pockets of taxation that make it look that way, but that's only because they have been increased in an attempt to balance out the fact that the rest of their money is completely sheltered from taxation and that, overall, by any practical definition, they pay far smaller percentage of what they actually earn in taxes than the majority of this country.

And just to continue to keep reality in the picture: When idiots like Bill O'Reilly claim that raising capital gains taxes means there is no incentive to invest, keep in mind that the changes that will take effect in 2013 will bring capital gains taxes up to a level LOWER than the rates from 1987-1996. Yeah, boy, those investors in those years CLEARLY were scared away from investing, with absolutely no incentive to do so.

Bullsh*t. Pure. Bullsh*t.

I'm not disagreeing with the goals or the assessment, I'm only pointing out the challenges.

And here I thought my opinion of the Florida electorate couldn't get much lower.

Let's see, can anybody spot the constitutional flaw in this program?

http://www2.wkrg.com/news/2011/sep/2...ch-ar-2450720/

One suspects the sheriff is misinformed.

It's a huge risk these days to "create" a job. I know that I can't hire anyone right now but if my tax burden were lower, well, maybe I could stretch it........besides, someone has to watch the store while I am at Disneyland :D


Couldn't one just say "I am my own church" and just stay at home on Sundays?

Nope. It's only specific churches that have signed up for the program. And ONLY churches, no synagogues, mosques, Hindu temples. Of course, that may be because those don't exist in that town. But that's kinda beside the point.

And even if you could do that, it would still be unconstitutional to require you to do it to get out of or avoid jail.

I wonder under what the circumstance the first challenge to this will be?