Quote:
Originally Posted by Snake Doctor
I'll repeat myself again....you pay capital gains tax when you sell an investment, not when you make the investment...so a low rate today encourages me to sell my assets, it doesn't encourage me to invest in new ones....because nobody knows what the rate will be when I decide to sell what I buy today.
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so if it is encouraging investors to sell, it will also encourage other investors to buy those assets, this is if i am not mistaken investment101 or alphaomega type stuff.
same if all of a sudden there was no tax on stock gains, it would entice investors to invest in stocks so that they would capitalize on those opportunities..