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reagan economist favors tax increase
On 7/8/10 10:34 AM, I am Tosk wrote:
In , says... If you don't think today is a temporary rally or that stocks won't see a big sell off right before the taxes go up on the gains, we will just see won't we? I know where I am betting my money. I bet stocks will be a bargain in 1q11 and I bet the big money people rig themselves a rally in 4q10 but it will be a short one. Obama won't mind, because even at the lower CG rate, the government will still get a tax windfall in 2010 and in 2011 they have the tax hike. I do think the government needs the money but I am not sure it helps the recession that just does not seem to be going away. Forgive me but what the hell is this "4q11" an "1q" etc? Sheesh. 4q11 Fourth quarter of 2011 1q11 First quarter of 2011 Get a brain. Somewhere. |
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