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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (34867)	9/10/2001 5:14:14 PM
From: yossarian67	Read Replies (1) \| Respond to of 37746

All I can tell you is 2 days ago, Saturday afternoon, Kerry backed way off of it and wouldn't touch it...if anything he inferred that a cut now would do more harm for the budget deficit than overall good for the economy----but for the most part he avoided softball questions on the subject entirely......it's a divisive issue in Congress and with the near 50/50 senate and a really nasty mid-term election next year, divisive issues are longshots at getting thru...plus Kerry has never really supported the kind of cap. gains cuts the Republicans want---his baby is slashing capital gains taxes for long term(10 years+) investments in small companies. a cap. gains tax cut if it even is introduced this Fall, at the very least will be a monumental battle