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Old 02-02-2012, 6:28pm   #21
SteelCityBlue
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Quote:
Originally Posted by Will View Post
I sincerely hope you weren't planning on pointing to our current low revenue as evidence that cap gains rates should be higher.

ALL evidence points to our current cap gains rate being more efficient than higher rates. NO evidence or data supports the opposite assumption.
A) I wasnt.
B) Let's not go as far as ALL. Between the MBA and MSF I've seen some pretty wild causality.
C) Those low tax rates made the returns look that much better and fed some of the unreasonable risk appetitte IMO before the crash (well, that and ethics must have become an elective at some grad schools)
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