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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (56322)5/16/2012 10:04:16 AM
From: robert b furman2 Recommendations  Respond to of 95358
 
The ace card being held IS the bush tax cuts hit the low income brackets with a much higher percent increase in taxes.

Keep in mind the lower incomes have a capital gains tax of 10 %.

Very little is ever discussed on this.

When Bush's tax cuts were implemented they deferred the lower rates to the higher income brackets over a 3-4 year delay - very little of this is ever mentioned.

When/if bush tax cuts expire, the low income brackets the biggest tax increase in the history of America you'll hear the squealling in Austrtalia.

That is why the dividend treatment and cap gains are still in secure negotiating hands.

Now to the job of cutting spending and eliminating waste. The real problem.

Good change is on the horizon - stay positive.

Bob

This will significantly diminish the tax cliff referenced by GS.

It to a large degree is fear mongering at what I hope is a bottom.