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He accepts facts...Let's say your right, that higher rates cause people to hold onto their investments until the rates are lowered. That would explain why revenue goes down when it's raised and goes up when it's lowered, so while I wouldn't claim that as fact, I can't argue about the soundness of the logic.However, if you accept the explanation you just offered, then you should also be able to accept that raising CG rates will have the exact opposite effect that your hoping to achieve, i.e., higher CG rates will actually lower revenue.That means the "Buffet Rule" would be a disaster.
He accepts facts...
Let's say your right, that higher rates cause people to hold onto their investments until the rates are lowered. That would explain why revenue goes down when it's raised and goes up when it's lowered, so while I wouldn't claim that as fact, I can't argue about the soundness of the logic.
However, if you accept the explanation you just offered, then you should also be able to accept that raising CG rates will have the exact opposite effect that your hoping to achieve, i.e., higher CG rates will actually lower revenue.
That means the "Buffet Rule" would be a disaster.
