The Soapbox

TomGlansAski

Joined: 12/05/2017 Posts: 30877
Likes: 56954


More idiocy from the White House


Trump says he's seriously considering a capital gains tax cut -- supposedly as a measure to boost growth. Rates are already low historically and the cut would go overwhelmingly to the rich, who are less prone to spend it. If there's one thing that isn't the answer to economic problems right now, it's more cheap capital sloshing around looking for a marginal deal. Most of the issue right now is a drop in demand.

Link: Bloomberg


Posted: 08/10/2020 at 11:44PM



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More idiocy from the White House -- TomGlansAski 08/10/2020 11:44PM

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