News for hackers. Stuff that matters.
Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by jdavis703 on Sunday April 07, 2019 @11:53AM (#19597556)
During the majority of those years Republicans had majority control of one or both houses of Congress.
Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by digitalengineer on Sunday April 07, 2019 @11:55AM (#19597579)
Well... if you really wanted to, how much time does one need to push it through?
Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by microcolonel on Sunday April 07, 2019 @12:02PM (#19597633)
A testament to the greatness of the U.S. system, "just ram it through" is usually not a valid political strategy.
Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by digitalengineer on Sunday April 07, 2019 @12:10PM (#19597704)
I agree. From what I gather the current administration does not agree. They get their stuff rammed through. The most insane stuff, I am sorry to say.
Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by ianai on Sunday April 07, 2019 @12:20PM (#19597782)
The senate severely favors minority political views. The constitution grants many powers for individual senators and the senate as a whole to steer the government. So tax reform has been politically toxic for decades unless it’s tax cuts that get past that minority’s view. This is how the rich keep getting tax cuts.

As an aside, unified partisan power only occurs about once per generation per political party. Using that power typically results in destroying the concentration of power. And the US Congress has a two year cycle between elections with elections watering down much progress through the every other year political cycle. So effectively, unified party power has about 100 days of live once per generation. That’s becoming less and less capable of supporting substantial change. They’re basically only able to pass one big change in those 100 days. For the Ds, this change has to pass a significant portion of the Democrats- and they don’t vote as a bloc. They vote in relation to their representative bodies, which themselves vary significantly.

Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by microcolonel on Sunday April 07, 2019 @12:17PM (#19597750)
> I agree. From what I gather the current administration does not agree. They get their stuff rammed through.

Well, give it a second look. Nothing weird is actually happening. People are just running around like headless chickens because they don't like the President, and to some degree that's fair enough, I don't like him either.

At least this time the President is not using the IRS to harass his political opponents.

Re:Sweeping Reform Would Tax Capital Gains Like Ordinary Income by digitalengineer on Sunday April 07, 2019 @12:33PM (#19597890)
Thank you. Just getting unbiased news is harder than ever (at least it feels this way).