Cabo....

This is what I got from the Obama website...I cut and pasted the captial gains tax part but I also included the link to the website if you want to look at it. Where did you get the info about the 33% hike in capital gains taxes?

Eliminating Capital Gains Taxes for Entrepreneurs and Investors in Small Business. Barack Obama understands that small businesses are the engines of our economy, and he will eliminate all capital gains taxes on investments in small and start up firms.

Capital Gains: Families with incomes below $250,000 will continue to pay the capital gains rates that they pay today. For those in the top two income tax brackets – likewise adjusted to affect only families over $250,000 – Obama will create a new top capital gains rate of 20 percent. Obama’s 20%
rate is equal is the lowest rate that existed in the 1990s and the rate that President Bush proposed in 2001. It is almost a third lower than the rate that President Reagan signed into law in 1986.






http://www.barackobama.com/pdf/taxes...Plan_FINAL.pdf