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Originally Posted by normajean777 How do taxes not affect the stock market? When the tax on capital gains and dividends raises from 15% to 35% do you really think people are gonna to be more encouraged to buy more stocks? Or would more activity and thus higher returns come from the low 15% rate. . .? |
More realistically, Obama would move it to 20%. But that plus increased corporate taxes and closing up corporate tax deductions/shelters will certainly put a big strain on business.
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Originally Posted by Bryan Because I am a licensed broker and my company's communication policy prohibits me from posting on the internet in discussion boards or blogs regarding what I think the market will or will not do. I've probably said too much on this forum in the past, but I'm not too worried about it. It's not like I am posting in my company stock's yahoo message board. Any communication with the public has to be approved by my company's compliance department (though, technically I have the license to approve myself, company policy doesn't allow it and I want to keep my job). |
Haha, I like to post on the Yahoo! boards. But I always write something like:
DARTH VADER IS BEAR RAIDING THIS STOCK! GET OUT!!!!!!!!!!!!!!!!
Or I just post on one of the stocks mentioned on Wall Street Warriors and make fun of how wrong those guys all were.