It never ceases to amaze me how the Republicans seek to cut the captital gains tax. No matter what happens, whether it has anything to do with economics even, their first suggestion is to cut the capital gains tax. This will do nothing to help the middle class in this country.
"Sen. McCain also shows how little he understands the economy by offering lower capital gains rates in a year in which people don't have an awful lot of capital gains," Obama campaign spokesman Bill Burton responded. "His trickle-down, ideological recipes won't strengthen our economy and grow our middle-class." Burton added that the McCain plan provides "no tax relief at all to 101 million hardworking families, including 97 percent of senior citizens, and it does nothing to cut taxes for small businesses or give them access to credit."
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