Why Democrats Will Target the Investor Class in 2009

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mike of IA @ Oct 22, 2009 11:10:08 AM

I sure wonder

James Pethokoukis has a lot of hit points propaganda from the rights. I sure wonder if he'll suck it up and admit he was wrong when his BS doesn't come true. Yes you can gloat if it comes true. I've read some of your articles and I sure wonder how you even qualify as business writer because you didn't write about about the facts.

QUOTE

"And that's why if Barack Obama is elected president next week, 2009 may well bring a concerted and all-out effort by the Obama administration and a Democratically dominated Congress to turn the generally pro-Republican Investor Class into an endangered class by, among other tactics, raising investment taxes and ending the tax preferences for 401(k)'s, IRAs, and other retirement accounts. Here is the emerging battle plan for Operation Investor Class Rollback:"

The question is how did the low capital gain tax did for the economy through 2008? How did the investors fare under the Bush administration?? Losing 50% of their investments must be really good. A lot of speculation and a market crash but James never see it that way. A lot of propaganda BS for the gullible. If the capital gains goes back to pre-Bush time, you can call it raising tax or you can see it as going back to the norm. We still have a few years to go to see whether your prediction come true or if it is just BULL.

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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