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Jim Jim is offline
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First recorded activity by BoatBanter: Oct 2008
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Default Question for the economic aces

Eisboch wrote:
wrote in message
t...
On Tue, 28 Oct 2008 10:41:26 -0400, Eisboch wrote:


So, how does the elimination of capital gains taxes on a small business
allow it to grow and hire more employees?

The plan is to eliminate capital gains on *investments* in small and
start-up businesses.

http://obama.3cdn.net/d14eb1b3649c4d6745_0evzmv02w.pdf



That makes sense.

What Obama says doesn't. To quote:

"I will eliminate the Capital Gains Tax on small businesses ..."

Very misleading statement that stirs up the crowds.

Eisboch


Lawyers tend to be very good at misleading us ordinary folk.