Ron Paul: Republican business, as usual
“Real” change? What do you call giving the wealthiest Americans tax breaks, like those that make income on their Wall Street investments? Do you call that “real” change? Unless you’ve been living in isolation in this country and detached of any news, or if you’ve been living in some other country, do you not know that the Republican party is synonymous with giving the wealthy in this country tax breaks.
The latest example, one that Ron Paul pushes for, is the eliminating of capital gains taxes.
This type of tax applies to income made on the sale of real estate and investments, particularly investments made in the stock market, you know, places like Wall Street that have become as vilified as the word communism in modern times.
One can try to defend the elimination of capital gains taxes by saying that ordinary people can make investments and not get taxed on income made from that, or that they can sell property and not get taxed, but that does not answer the question of how much money the wealthiest make by doing these same things. How much more money do the wealthiest make on their Wall Street investments and their sales of large property?
Why would Paul be in favor of eliminating capital gains taxes? Because it is Republican business as usual with him, that’s why he was an “independent” gone Republican, because the ideals of Republicanism are what appeal to him. More of the same: no immigration reform, no DREAM act, and now no capital gains taxes?
That is the biggest pro Wall Street move you can make. Reward those that play the stock market, which let’s face it, are the wealthiest and those that have disposable income to invest, and not the majority that is struggling.
It’s one thing to spill verbiage in favor of Ron Paul, but to do it thinking that listing a pretentiously impressive x, y, and z topic that he’s in favor of just for the sake of listing and not thinking that readers won’t catch and see what’s wrong with the big picture is a nice try at best.
Ron Paul being in favor of eliminating capital gains taxes proves that he’s Republican business as usual, the type that bows to big money. The argument that he’s somehow different from other politicians because he’s against big money is now invalid.