February 1, 2009

Will the GOP stop the runaway stimulus bill?

By: David Donadio

Probably not, but this is sure a sight for sore eyes.

What if the GOP proposed something that would actually stimulate the economy, like repealing capital gains taxes and eliminating the ceiling on tax-deductible donations to IRAs? Think about it; when faced with a choice between putting some money you’ve saved into the stock market or losing a quarter of it to taxes upfront, what would you do?