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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
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Avoiding taxes....
wrote in message
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On Sat, 24 Jul 2010 16:56:27 -0400, bpuharic wrote:
On Sat, 24 Jul 2010 15:55:29 -0400, wrote:
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gee. why not let the GOP drop its lies about capital gains tax cuts
stimulating the economy and see?
I think we have already seen. When Clinton cut the Cap gains rate to
20% the Dow went to $11,000. When Bush cut it to 15% the Dow went to
$14,000.
gee. how'd the dow do over the last 3 years with bush's tax cuts in
place
oh. it tanked.
yeah. that's certainly proof that tax cuts help the economy, isn't it?
The Dow was $10,424 Friday and if Obama could actually create some
jobs that weren'r census takers and unemployment clerks it would be
$15,000.
Of course that only affects "buy and hold" people. If you had sense
enough to stop l;oss your windfall in 2006-2007 then buy back in after
the crash, you made a lot of money. I posted my 401k numbers the other
day and my fund manager made over 4% per year over the last 3.
Bummer about the facts isn't it...
http://blogs.wsj.com/economics/2010/...reation-in-1q/
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