Kenny Hulshof: “I think this is a point worth visiting about. You know, the economic pundits, some of the political pundits have really…”

“I think this is a point worth visiting about. You know, the economic pundits, some of the political pundits have really in the last weeks, you know, have had a heyday with poking holes in and pointing out some parts, perhaps, of the agreement that they do not choose to support. Some economists talk about or mention the fact that our economy, granted, has been very strong for a period of time but that it is living on borrowed time, that if you look back in history that surely there is, you know, perhaps a downturn ahead. But I think the gentleman is dead on with this point, that looking back at history, whether it is a modest cut in the capital gains tax rate, and we do not know what that is going to be or how extensive that is going to be, but I know even through the campaign and even beyond since being sworn in as a Member of this body people back in the Ninth Congressional District of Missouri have talked about holding on to capital assets. I have got a good friend, a gentleman who is in his mid sixties who worked a lifetime, his career, for Wal-Mart and accumulated through that company stock that he now cannot dispose of because he cannot take the hit that the capital gains tax rate would put on him and his family because they are really at a time their kids are grown and they are out of a house.”