Currently capitol gains tax in the US is set at 15%. In China it is 20%. Obama proposes to set the US rate at 28%. Like it or now everyone of us live in a world economy! If you where an investor from Great Britain, France, Germany, or the United States just where would you invest your money into a new company? On a 100 thousand dollar business gain would you rather take home $85,000, $80,000, or $72,000 after capitol gains tax?
Obama's way is the exact way NOT TO ATTRACT FOREIGN investments into the United States.
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