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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Neeka who wrote (1765)11/19/2008 1:32:04 PM
From: DuckTapeSunroof  Respond to of 103300
 
Re: "Thank you Buddy...."

You are welcome.

"I believe the 39% tax rate discussion applied to windfall profit tax on oil cos."

(Quite a different thing from 'capital gains tax' I'm sure you'll agree. Also... not any part of the Obama proposal.... Interestingly enough, Sen. Rangel has just proposed a reduction in our nominal corporate tax rate, too.)

"It would be amazing if his proposals become law. I'm not holding my breath."

Time will tell... but, in the depths of our serious recession, it's likely a safe bet that we won't be seeing any significant tax increases for a while (at least until the world shows more resistance to buying out Treasury debt and financing our federal deficits. :-(