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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (111716)5/17/2010 9:12:45 PM
From: mishedlo5 Recommendations  Read Replies (3) of 116555
 
Legalized Theft - UK Proposes 50% Tax on Capital Gains, Up From 18%
globaleconomicanalysis.blogspot.com

Those hoping that any good would come out of the alliance between Conservatives and Liberal Democrats making Conservative party leader David Cameron the UK Prime Minister (replacing Labour Leader Gordon Brown), just might need to think again.

George Osborne, the new Chancellor of the Exchequer, is pondering 40-50% taxes on capital gains, up from the current 18% rate. ...

Mish
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