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Re: Clo 

By: ribit in POPE | Recommend this post (4)
Thu, 20 Oct 11 2:59 AM | 31 view(s)
Boardmark this board | (The) Pope's for real stock market report 		Msg. 45406 of 65535
(This msg. is a reply to 45405 by clo)
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clo
...no kiddo, it is quite true. Besides that money has already been taxed once at the corporation. We have the highest corporate tax rates in the world. Increasing the capital gains taxes on top of that and unemployment would go out of sight.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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Re: Clo
By: clo in POPE
Thu, 20 Oct 11 2:55 AM 		Msg. 45405 of 65535

ribit,

"...if cap gains were that high, no one would invest in anything."

Not true, think about it, how low is the interest we are 'earning' on our savings accts, its like warm spit.
Look at the low returns on bonds.
Yet folks continue to put money in their savings accounts & folks invest in bonds.

Even at a 50% tax, the capital gains returns are higher then the savings accts & bonds.

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