Kudlow pushes big tax cut for investors. It would be "if you invest in any asset, not just stocks"

[mahatmakanejeeves]

Houses, of course. We can't leave any affordable ones behind.

Kudlow pushes big tax cut for investors. It would be "if you invest in any asset, not just the stock market ... you will be excluded from capital gains" if done by end of year

Link to tweet

[ret5hd]

1. Cocaine!!!

[tavernier]

2. I'm not investing in an ass.

I’m voting for Biden.

[Pantagruel]

3. More welfare for the rich

They're not even trying to disguise it anymore.

[gratuitous]

4. 40 million newly unemployed, 100,000 dead from Covid-19

And the administration's priority is the people who are turning a profit off the nation's misery. We can't expect these folks to pay taxes on their capital gains! That's a burden to be borne by our human capital stock.

[dhill926]

5. yeah...that will help the average American...

asshole...

[SCantiGOP]

6. Are my donations to Dem candidates going to be tax free?

I can prove I am investing in my future.

[pecosbob]

7. Go ahead...hoard that wealth...we can still figure out how to build tumbrils

[unblock]

8. reprehensible. waiving capital gains tax on people *who still have a profit* in all this

the people who face capital gains taxes are *exactly* the people who do *not* need a tax break.

if you're going to talk about capital gains taxes at all, it's the people who have *lost* money who need help, not the people who made gains!

but, of course, it's the people who don't have investments at all who really need help....

[Midnight Writer]

9. Wrong move, Larry. What we working folk really need is an end to the inheritance tax.

Hell, if I inherit 100 million dollars, I don't want to pay tax on that.

[Yavin4]

10. This alone will make Jeff Bezos a trillionaire.

Think about that. One human being will be worth a trillion dollars. His progeny will be forever wealthy. A new type of unquestioned royalty to rule over your progeny.

[LonePirate]

11. The investor class needs tax hikes, not tax breaks.