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Revision History For: AAA big potential for Capital Gains Tax Cut

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Return to AAA big potential for Capital Gains Tax Cut

Washington is finally moving toward a potential capital gains tax cut. Representative Robert Matsui (D - California) has proposed letting investors exclude 75% of their gains on stock in companies worth less than $100 million (Business Week, Feb.3, 1997, p.49). Senators Hatch (R -Utah) and Lieberman (D-Conn) are proposing a tax that would shield 50% of captial gains. There seems to be bipartisan support toward a capital gains cut. Get on the phone, or e-mail, and contact your congressman or congresswoman about the capital gains cut. Cuts like those proposed by Rep. Matsui would especially assist the penny stock investors.