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Old 01-23-2009, 11:21 AM
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What Tax Stimulus Policy should President Obama pursue to jump start the US Economy?

We would like to ask our members to express their opinion as to what Tax policy President Obama should purse to jump start the US Economy. Any opinion would be welcomed. The 10 best ideas would be published on this site and forwarded to the President Obama's new Treasury Secretary!

If you have an idea please let us and share it to our members!

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Old 01-23-2009, 09:53 PM
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Tax Policy suggestions to jumpstart the US Economy!

I would say, that the first thing that the incoming administration should do is to temporarily cut income taxes for the self-employed taxpayers. A cut in their Social Security Taxes would be an incredible stimulus to the small businesses! It offers an immediate increase in cash flow to the self-employed business person, and these are the people who are the engines of future growth.

The small business people will be the future job providers, so lets cut their Social security taxes immediately!



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Old 01-26-2009, 09:25 AM
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I think President Obama should immediately cut Capital Gains Tax to Zero! Period!

This will unleash an incredible amount amount of capital that has been tied up in assets. Encouraging folks to sell their appreciated properties be it Stocks or Real Estate property will free up much needed capital, thus stimulating or jump starting the economy.

I am a strong proponent of cutting Capital Gains Tax! At least consider keeping it at Zero for 2 years!



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