Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.32

+0.3%

Dec 8 3:59 PM EST

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To: Art Bechhoefer who wrote (91273)	1/4/2001 8:22:56 PM
From: golfinvestor	Read Replies (1) of 152472

<Most economists believe that capital gains should be taxed at rates close to ordinary income, adjusted for the risk of the investment> If your using economist's beliefs as a basis for your argument it holds very little credibility. The CG tax is double taxation and a tax on Americans that are risking their hard earned savings. At the very least the CG tax should be indexed. Also, approximately 50% of the American households own stock. I'm not against a tax cut for the poor, but I would surely give up the lowering of the top tax bracket for an elimination of the CG tax. <The problem with all tax reduction ideas is that special interest groups want to get a larger than justifiable piece of the reduction. You can't get an equitable tax reduction without first adopting strong campaign finance reform> This we agree on, however, true campaign finance reform needs to include restrictions on labor union contributions.

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