Quote:
Originally Posted by Strat God
I keep getting emails that state if the either of the Dems win the Capitol Gains tax will get reinstated.
I understand in a political year lots of BS info goes around, but I'm concerned if both Obama and Sir Hillary are planning on changing the estate tax, capital gains, death taxes and the like.
Cna anyone confirn the Dems plan for me???
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Well they want the Bush tax cuts to expire, so that would automatically raise the capital gains tax. Obama was recently on a talk show where he said he wouldnt mind seeing the capital gains tax at 25-30%. That ought to inspire people to get into the markets and spend money dont ya think?
Hillary? She just wants to TAKE oil company profits (like the government doesnt do that already...lol), and put them into some kind of stupid global warming combat fund. So as far as raising taxes, she doesnt need to, she is just gonna confiscate all profits by government fiat. Who needs to raise taxes, when the politician in question just bluntly tells people she is gonna take private company profits outright?
"Screw a new tax! That shit is mine! I am taking it all" should be her campaign slogan.