Monday, January 7, 2008

The One Thing I Agree With Romney About

Romey has proposed to eliminate the Capital Gains tax for the middle class. I know there is much left unsaid here, who defines the middles class, etc. But this is a good idea.

This should encourage a good number of middle class to commit a bit more money to the market and start saving more money. Stock prices should see some upward pressure as well, there will be more money flowing into the mutual funds and othe average joe investment vehicles. If they start making money, it may not even affect consumption / spending too much.

Democrats, this is a good way to show some middle class support!

No comments: