Quote:
Originally Posted by spence
Why do you think bankers give so much to Congress? To give them tax loopholes to defer their income with.
-spence
|
Of course, everyone gives to a candidate or party because they want something.
However, the purpose of a lower long term capital gains tax is to keep the
money invested in a company for long term use so it helps to capitalize,
grow the company, and hire more employees. Nothing wrong with that.