Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Dec 15 4:00 PM EST

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From: Challo Jeregy	5/18/2012 10:17:52 PM
	5 Recommendations Read Replies (3) of 220187

whether one is interested in financial astrology or not, Merriman's comments make sense - . . . . . . as politically astute individuals are aware, capital gains taxes in the USA are set to double in January 2013 and taxes on dividends will nearly triple – as in “cripple” the stock market. To avoid those higher taxes, investors and holders of dividend paying stocks will need to sell out by the end of this year. That too may be playing a role as to why so many stock indices are falling now. No[w] one wants to get caught in the stampede that will surely happen by the end of this year if the proposed changes in these taxes are not repealed. Contrary to faulty logic, these taxes will not bring in more revenues. They will just escalate the financial crisis and lead to a massive sell off in stocks, which in turn means a massive loss of wealth for both the nation in terms of lost tax revenues (not gains) and for businesses that need investors to provide capital for them to produce goods and hire - instead of fire - employees. I know this is not a popular thought in today’s class warfare climate, but it is reality. . . . mmacycles.com

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