I just wrote an article on Helium.com giving my opinion on why a higher capital gains tax rate will lead to less investing and ultimately fewer jobs. Here's the link to the overall debate.
Read a Debate on Capital Gains Tax Rate
And here's a link to my opinion.
The Logic of a Low Capital Gains Tax
I believe this is an important issue. Maybe because I'm investing in a property that has a good chance of returning a healthy profit. But also because it could be helpful to my own personal monthly income.
Senator Obama's rhetoric is an increase in the capital gains tax rate is part of tax relief for the middle class. I strongly disagree. It could do nothing more than hurt the economy at many levels.
2 comments:
Thanks to the owner of this blog. Ive enjoyed reading this topic.
Nice blog. Thats all.
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