Would a Capital Gains Tax Cut Stimulate The Economy?

Started by dnalexander, October 22, 2008, 12:37:48 PM

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Teresa

Powerful House Democrats are eyeing proposals to overhaul the nation's $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

http://www.workforce.com/section/00/article/25/83/58.php

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You had to know that this initiative was coming!  I mean, c'mon really, what do peasants citizens need with retirement money in the Obama's Marxist-socialist state?  Retirement savings are a selfish hoarding of money that should be available to all the poor and needy.....right? 
If we get stuck with this idiot we really need to rub our fellow citizens noses in the crap they thought they wanted.
But the bad part is.. they will take us all down with them.   >:(
Well Behaved Women Rarely Make History !

sixdogsmom

Edie

greatguns

Ain't it the truth!  If he gets all of mine he won't get much now.

Diane Amberg

Instead of another capital gains cut, how about eliminating taxes on Social Security and savings, and extend the time people have until they must start withdrawing from their IRA's.

dnalexander

#44
With the economy the way it is, the 500 gazillion dollar debt that we can't pay the interest on, and a bevy of other reason. Anyone promising that your overall taxes are going down is wrong. We all would love a tax cut. Let's work on spending the tax money wisely now and we can do the tax cuts later when things are good. In no way am I saying that certain tax cut may not help us now. If we spend it more wisely and don't waste the taxes we pay now we don't need to pass new laws. I already voted and my eyes are on Congress now and I don't care if they are Republican or democrat. You all had your chance in power and promised things with no delivery. People are getting fed up. Your best bet is to keep us worrying about other things and working too hard to stay afloat so we don't have time to kick your A*SES! This post is rant induced and the poster reserves the right to modify it at any time.

David

redcliffsw

Has it been since about 1913 they started enacting all the these taxes to spend money?  It's impossible to imagine that our founding fathers had any of this spending in mind or a lot of other things too.

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