Wednesday, November 08, 2006

Jesus and the capital gains tax chain

Jesus did love the tax collectors, did he not? What would Jesus do about high capital gains tax rates? Jerry Bowyer explains.

How times have changed. Keeping the Bible out of public policy was the left's line in the 1980s. Now they've switched to trying to get a 25% marginal tax rate on long-term capital gains out of St. Luke.

It's not so far fetched as might seem at first. Jesus, in fact, did speak about capital gains. He told a story about three stewards. One achieved high capital gains on the owner's investments. The other also did well. The third one, failed to achieve any capital appreciation at all and was fired.

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