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View Diary: The McCain Plan: "Fewer Regulations, More Corporate Tax Breaks" (367 comments)

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  •  Some sellers might realize capital gains (0+ / 0-)

    The treasury is proposing to pay a certain below-market rate for these securities, no questions asked.  Some who got in early bought them at low prices, and would realize capital gains if they managed to unload them now (which apparently they can't).

    I wouldn't be completely against removing capital gains on those as long as it improved liquidity positions, but I really doubt the gains cut is phrased that way.  I think it's just an outright gift.  It's complete poison to the proposal too, and he knows it.

    Palin/McCain: Building the Suspension Bridge to Nowhere.

    by sproingie on Thu Sep 25, 2008 at 05:48:53 PM PDT

    [ Parent ]

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