Jackie Danicki

Can we please just impeach everyone from both parties and move on to, I don’t know, laws and actions which aren’t destructive? Please? Jeff Nolan:

Congress’ attempt to increase taxes through increasing tax rates, which btw is disproven by history time and time again, will result in a decrease of tax receipts. Venture partnerships will move offshore and the use of legal tax shelters will increase. Imposing the corporate tax rate, already onerous, on private equity firms that go public will do again what SOX has done to the public markets, provide one more disincentive to going public.

…Congress is looking for an easy target to shake down, in this case a target that has little public sympathy and not enough mass to affect Democrats in any election.

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