Investors Rush to Beat Threat of Higher Taxes
20th November 2012
My, what a surprise! Aren’t you surprised? I’m sure surprised.
And so is the Congressional Budget Office, which ‘scores’ financial legislation on a ‘static’ basis, as if it would have absolutely no impact on people’s behavior.
And so is Congress, which has this insane notion that it can raise and lower taxes like the water level in a swimming pool, as if it would have absolutely no impact on people’s behavior.