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Kudlow's Quick Take

Hillary's Inconceivably Stupid Capital-Gains Tax Scheme
Her "short-termism" fear will lead to long-term stagnation.
By Lawrence Kudlow, July 30, 2015

The worst sectors of the worst recovery since World War II are business investment in new plants and equipment and new business start-ups. These are the biggest job-creators, and their slump is a key reason for the sub-par labor recovery, with low participation rates and high involuntary part-time workers.

So if investment is the problem, what does Hillary Clinton go out and do? She proposes jacking up the tax on investment. It's almost inconceivably stupid...

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