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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Friday, March 10, 2006

Economics 101 from the Rogers Institute...

The Best Cap-Gains Tax Rate Is Zero

By taking up this fight, Republicans could gain the economic high-ground once again.

By Cesar Conda
National Review Online


The best way for the federal government to foster innovation, economic growth, and U.S. global competitiveness is to stop taxing capital gains. While the current debate in Washington centers on whether the capital-gains rate should stay at 15 percent or increase to 20 percent in 2008, I contend that the best rate is zero.

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