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To: stylin_geek

I don’t understand how eliminating capital gains is going to bring in foreign investments and American jobs, unless they relocaate to America 1st?


18 posted on 09/22/2008 1:07:21 PM PDT by Tempest (The devil and the media have sided with Obama)
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To: Tempest

If a foreign investor makes an investment that makes money, they’ll pay cap gains on the increase in value under current law.

Businesses tend to invest in themselves in order to keep growing, which would create jobs.


30 posted on 09/22/2008 2:13:25 PM PDT by stylin_geek (Liberalism: comparable to a chicken with its head cut off, but with more spastic motions)
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