I have examined all of the details of President Obama's Recovery Stimulus Plan. There are tax cuts and spending plans . Why doesn't the government suspend capital gains for investments made in 2009. I propose to eliminate any capital gain taxes for anyone investing in stocks, housing, or a new business. This suspension of taxes would only be good for 2009 investments. Whenever these transactions are sold, ZERO tax would be due. As January ends, we have not had an Obama rally! The next three months will continue to exhibit depression in the economy. It is time for a plan that makes sense!
Random thoughts...the market holds 8,000 but it will be tested again...all the news is bad and depressing....no demand for anything.....what if Obama's plan doesn't work?......
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GOD help the world if Obama's plan does NOT help 'a little'. Geez...I agree...with the ZERO Capital Gains and any incentive that encourages investment. RIGHT ON! Hugs, M
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