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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (52634)	9/20/2001 10:07:42 AM
From: BWAC	Read Replies (2) \| Respond to of 70976

Yeah I doubt the tax carryback notion would be in the works. But it still would be the quickest way to get substantial sums of money into consumer hands. And it would just be a "real" early return of their own money. Assuming they eventually would have gains again and offset the full amount of their losses in future years. 1.) Depreciation already is fairly liberal for technology items and small businesses. Some steps could be taken for items falling into 10 and 30 year schedules. 2.) If you don't pay any tax hardly now, what will a little pitance of relief help? Unemployment is just a short term fix. 3.) Yep. 4.) Inheritance tax has to go for estates under 10 Million. 5.) Zero Cap Gains for purchases in a 30 day period would help every investor.

To: michael97123 who wrote (52634)	9/20/2001 10:13:40 PM
From: q_long	Respond to of 70976

<<HR republican--no cap gains tax for purchases of stocks and mutual funds over 30 day period starting on passage for folks who hold for 6 months. >> Interesting idea worth repeating