Long Term Cap. Gain Tax Rate for CD's (wish)

[Lakewood90712]

The government has from time to time has pointed out the dismal savings of the general public.

IMO, LT cap gains rate should also apply to long term CD's. The money in CD's at least in theory, boost long term investments in the economy.

Don't think this would see the light of day Just my dumb-ass thought.

 

[audreyh1]

The government has from time to time has pointed out the dismal savings of the general public.

IMO, LT cap gains rate should also apply to long term CD's. The money in CD's at least in theory, boost long term investments in the economy.

Don't think this would see the light of day Just my dumb-ass thought.

CDs don't appreciate. They pay interest while you hold them. Major difference.

Encouraging Americans to put more money in CDs won't boost the economy. That is not a capital investment.