On 09/14/2010 12:37 PM, Stephen Russell wrote: > On Tue, Sep 14, 2010 at 12:26 PM, Pete Theisen<[email protected]> > wrote: >> Stephen Russell wrote: >> Maybe if a guy has *NO* overseas investments and really *is* creating >> jobs for Americans *HERE* he should get a credit for that, but . . . > -------------------- > > Well that is what a matrix is for. Not to have an all or none concept > but to define what volume of EARNINGS by one investment vs earnings by > another that is bringing jobs back. > > I don't what to screw your investment opportunity. I would like to > have it loaded with incentives for jobs growth here in the USA. That > incentive is a higher tax credit so you keep more of your earnings > when your investments are targeted this way. > >
The Obama Administration has proposed the elimination of capital gains taxes on investors that start new business in the USA. The investors would be required to hold and operate the new business for five years. The sale of the business, after the investors have meet the holding period requirement, would be tax free. However, given the current state of the economy, I don't think there would be many takers. If the economy normalize, investment in new business would begin regardless of outside incentive; because, there is no greater incentive that profit expectations in a capitalistic economy. Within reasonble bounds, greed is a good thing. Regards, LelandJ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
