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Bank of America Corporation Message Board

  • etradeemployscriminals etradeemployscriminals Jan 2, 2013 7:30 AM Flag

    Congress passes a tax hike and the market goes up?

    I think this will be short lived. Maybe Wall Street is happy to see that congress actually do something when their back is against the wall. Problem is they are doing the wrong thing. Raising taxes in the long run will cause less investment and a slower economy. In fact this tax package directly attacks investment tax breaks. Less money will be going into stocks from now on. How is that good for stocks?

    Sentiment: Strong Sell

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