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To: taildragger
"Nah, Raising the Cap Gains and dividend rates from 15% maybe up to 39.6% doesn't matter at all...snip... My guess is the smart money has been out or is on a systematic way out before the cap gains rates are retroactive. Just my 2 cents...."

It's a long shot but my dream idea to save this election addresses those issues:

Could President Bush make a speech after the next debate (where McCain hopefully brings up those very concerns about taxes) declaring, through executive order, a temporary halt to cap gains and dividend taxes for a 3 month explorative period to see if, and show how it positively affects the stock markets? The only caveat would be that it would apply only to new investments that are held for at least six months (to prevent a mass sell-off of existing holdings and excessive volitivity) If successful and the market goes up dramatically the day after the speech the Dems would look bad objecting to it and would be pressured to keep it no matter who wins the election. Also, in the unfortunate event that Obama is elected he would be reluctant to take responsibility of undoing any gains. Also McCain could look to be on the right side of an economic recovery without actually embracing Bush and President Bush could boost his legacy on the way out.

Is it even possible?

10 posted on 10/06/2008 6:54:35 PM PDT by MissCalico
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To: MissCalico
MissC,

Great Idea, I am well versed in exec orders enough to know. This one treads on Congessional turf, i.e. tax policy, "The Supremes" may have a big problem with it....

12 posted on 10/06/2008 7:00:29 PM PDT by taildragger (The Answer is Fred Thompson, I do not care what the question is.....)
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