Originally Posted by Direckshun
Financial Times reporting that tax increases on capital gains are on the table
FTR, I have long been in favor of raising capital gains taxes but not for revenue growth. When Bush cut the CG tax we saw additional volatility in the markets. A higher tax on CG's encourages longer holding periods of investments, imo, and helps smooth out some of the volatile trading.
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."