Re: what presidential candidates are best for stocks?
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Moot point. Had a Dem won the election we wouldn't have gotten the tax breaks that stimulated the market and economy.
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Hard to say what the exact policy would have been. Note that Clinton signed the 1997 tax cut (TRA). Also very hard to attribute general economic performance solely to some tax cut or tax increase. Note for example that the 90s boom was preceded by (quite mild, despite the idiotic rhetoric) tax increases signed by Bush 1 & Clinton (OBRA91 & 93).
One thing we can say is that the tax increases of 91 & 93 were necessary because the Reagan tax cuts produced too large of a deficit/debt. Same thing with the current tax cuts -- debt will eventually get too high if we stick with current policies, so within a few years we'll have to either raise revenue or cut spending.
If you want to disagree with the last point, be sure to tell me why a Republican Congress & Republican President scheduled the tax cuts to expire after 2010.
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