I dunno. We have a deficit including present value of future entitlements of
well over $100 trillion, probably at this point closer to $200 trillion. What
is China's deficit? Inquiring minds want to know. Bottom line is that we are
looking eventually at taxes far more revolutionary than a mere increase in the
capital gains rate.
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Subject: [pa64] Fw: WSJ.com: Biden Wants Higher Taxes Than China’s
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<no-reply@xxxxxxxxxxxxx>To: everett5573@xxxxxxxxx <everett5573@xxxxxxxxx>Sent:
Tuesday, May 4, 2021, 10:23:25 PM CDTSubject: WSJ.com: Biden Wants Higher Taxes
Than China’s
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Biden Wants Higher Taxes Than China’s
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| By Mark A. Bloomfield and Oscar S. Pollock |
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| How can a communist country treat capital gains more favorably than the U.S.
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