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Posts Tagged ‘Obama acknowledges Congressional insider trading’

Obama Acknowledges Congressional Insider Trading

Posted by Larry Doyle on January 24th, 2012 10:29 PM |

I will readily admit that I find President Obama to often be disingenuous in much of what he is delivering in his State of the Union.

He plays to an American public which remains severely challenged when it comes to financial literacy.

When he speaks about taxes, would he care to lay out why there is a difference between tax rates on long term capital gains versus ordinary income?

Does he know the difference and why the long term capital gains rate is lower?¬† (more…)

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