Foreign Affairs Discussion Group Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (98805)	5/22/2003 8:51:44 AM
From: michael97123	Read Replies (2) of 281500

Sam, I am not a tax expert but here it goes. We live in a time of 1% interest on money markets and 3.5% treasuries. The goal is to get this capital into capex spending and job creation. Key thing that must happen is somewhat healthy stock market. No for someone in the 39% top bracket or whatever it now is, to be offered a chance to make cap gains at 15% is a big inducement for him to take risk. Same for others earning 1-3.5% on their money vis a vis 15% dividends tax. Only other way to create jobs that i know of is massive government boondoggle/retraining/bureacratic nightmare solution that never works. The problem with the economy is not the consumer (yet) it is capex and investment. If this heals, the consumer recession will never occur and Bush will easily win reelection and thats why the democrats are against his more or less consevative (small c) approach to tax policy. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next