Msg. 52083 of 65535 (This msg. is a reply to
52069 by
clo)
Jump:
Clo> Mark Shields' question also has a pretty clear answer. "Why won't supply
siders just admit they were wrong?"
Clo,
There is a whole lot of 'depends' going on . . .
(And I don't mean your undergarments.)
If the economy is suffering from a lack of investment
capital, then cutting the capital gains tax rate
will free up capital and result in an improving
economy.
But, today, America's corporations are sitting on
mountains of extra cash. I don't think a Capital
gains tax cut would help here.
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