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[bob ford <bobford79 AT yahoo.com>]

thanks lynn.  No, I didn't listen to the clip, I just read the article and 
was going by what the analysts on tv were saying.  If I was incorrect, then I 
am happy. 

 But , as far as capital gains, Obama & the other dems have all said they 
would raise the tax rate significantly ,  The 15% long term capital gains 
rate was the jewel of the Bush tax cuts, which Obama & dems have vowed to 
repeal.  So, I am a bit confused  .....bobford





--- On Thu, 10/16/08, Lynn Wigglesworth <lynnw1366 AT hotmail.com> wrote:

> From: Lynn Wigglesworth <lynnw1366 AT hotmail.com>
> Subject: Re: [Homestead] Scary as h*ll
> To: homestead AT lists.ibiblio.org
> Date: Thursday, October 16, 2008, 5:37 AM
> Bob; did you listen to the clip? It has absolutely nothing
> to do with 
> 'taking the profits of small businesses'. He's
> talking about his planned 
> tax cuts for people making less than
> $250,000/year...nothing that he 
> hasn't been talking about for months. He says that if
> those people have 
> more money to spend, they can afford to hire people like
> Joe the 
> plumber, who he is talking to. That's what he meant by
> 'spread the 
> wealth around". Sort of a reverse 'trickle
> down' (which never did 
> trickle down to me). He also explains that as those
> businesses grow, 
> they won't pay capital gains tax, so can use that money
> to put back in 
> their business, possibly keeping MORE money than under the
> present system.
> 
> Lynn Wigglesworth
> 
> bob ford wrote:
> > It is 3:30 am here and listening to CNBC.  They
> mentioned mentioned something Obama said, yesterday, that I
> hadn't heard,  This should scare the h*ll out of
> everyone.  According to CNBC, no one is even covering it,
> except NY Post.  I'm all for jailing the flying monkey
> bankers who caused this mess, but that won't happen with
> Obama -- they aren his advisors , but listen to what he
> plans to do:
> > 
> > " Conservatives yesterday ripped Obama after he
> was caught on video telling an Ohio plumber that he intends
> to take the profits of small-business owners and
> "spread the wealth around" to those with lesser
> incomes."
> > 
http://www.nypost.com/seven/10152008/news/politics/obama_fires_a_robin_hood_warning_shot_133685.htm