https://hotair.com/headlines/archives/2012/11/19/well-never-reach-the-fiscal-cliff-and-it-wouldnt-matter-if-we-did/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 03:28:51 -0400<![CDATA[Of course it’s always the case that investment is what pushes labor forward, but the problem at the moment is that whether the capital gains rate is 15% or 20%, the dividend tax 15% or 39%, there’s very little incentive to invest. Indeed, investors are buying future dollar income streams when they commit capital, but with policy in favor of dollar devaluation, why commit capital to economy-enhancing ideas if any returns come back in dollars that have shrunken in value?]]>Mon, 19 Nov 2012 15:55:06 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/11/19/well-never-reach-the-fiscal-cliff-and-it-wouldnt-matter-if-we-did-n97620