Paragraph from RA

Towards the close of the blog post, Mr. Burguiere comes back to the use of irony.  Understanding both the more liberal stance of the media, as well as the readers’ awareness of the mainstream media’s position, politically, he further substantiated his assertion that “lowering the capital gains tax brings in more revenue” by bluntly pointing out, “even the media understands this”.  This would certainly catch the readers’ attention, whether they are of a liberal, moderate, or conservative persuasion.  An excerpt from a debate that Charlie Gibson mediated between then Senator Obama and then Senator Clinton supports this claim.  Mr. Gibson pointed out that both President Clinton and President G. W. Bush lowered capital gains tax from 28% to 20% and from 20% to 15%, respectively; and, in both instances, “revenues for the tax increased.”  Conversely, when, during the 1980s, “the tax was increased to 28% revenues went down.  So why raise it at all?  Especially given the fact that 100 million people in this country own stock and would be affected?”