In a revealing interview with Steve Moore of The Wall Street Journal, Rep. Michele Bachmann(R-MN) called for repealing taxes on capital gains.

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This is not about defaulting on outstanding bonds, as Representative Michele Bachmann (R-MN) and others on the right insist, and as Geithner has clumsily threatened.

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Rep. Erik Paulsen (R-MN), the acting chairman of the House Ways and Means subcommittee on human resources, has been nothing short of heroic in trying to rally support to repeal or delay the tax.

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