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Politics : THE WHITE HOUSE

SPY 684.83

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Dec 22 4:00 PM EST

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To: GROUND ZERO™ who wrote (21176)	8/15/2008 11:07:42 AM
From: DuckTapeSunroof	Read Replies (1) of 25737

Er... GZ... technically (& what other way is there then 'technically' to examine a tax issue?) it is a 'raise' in the maximum cap. gains tax rate! So: No 'lie'. (It's a 'raise' from Bush II's current --- but only temporary, never passed as permanent --- maximum cap. gains rate of 15%....) Obama's new (permanent, not temporary) MAXIMUM cap. gains tax rate would be 20% (still... much lower then Reagan's or Bush I's or Clinton's capital gains tax rates!) But --- as the written details of Obama's proposal make clear --- for MOST FOLKS Obama would be keeping and MAKING PERMANENT Bush II's temporary lower 15% rate... because Obama's new MAXIMUM cap. gains rate of 20% would only kick-in for individuals who file with annual adjusted gross incomes above $200,000, or joint returns above $250,000. :-)

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