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Tipsheet

Obama Waffling on Capital Gains?

Obama appears to be trying to convince us he’s only looking to raise the capital gains tax rate up to 20%, and certainly not more than 28% (which he makes sound like a worst-case scenario only).
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But previously, his focus has been simply on not going above the 28% rate.

Regardless, the fact is the capital gains tax should be lowered -- not raised.

Still, this makes me wonder if Obama has finally realized big tax hikes are not a winning proposition for voters?


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