Thursday, March 22, 2007
On the U.S. News & World Report web site, James Pethokoukis asks: Would Hillary Preserve the Capital Gains Tax Cuts?:
The new Democratic federal budgets, both House and Senate, floating around Congress put the kibosh on the 2003 cap gains cuts due to expire at the end of 2010. But a veteran Washington insider E-mails me this: "Hillary Clinton visited Bear Stearns investors last week–and basically hinted that she would extend the cap gains/dividend relief, but allow the top income tax rate to rise." My take: That would sure be an interesting development, but then again, politicians always seem a bit more investor-oriented when speaking to a Wall Street audience.