Sam Meas for US Congress

Economy & Taxes

       To stimulate the economy and increase capital and confidence in the financial markets, I propose:

  • A 50% tax reduction in capital gains to investors who purchase stocks between January 1, 2010 and December 31, 2011 and who hold on to their investments for two years
  • A 50% tax reduction in dividend and interest incomes for two years on investments made between January 1, 2010 and December 31, 2011
  • A 50% reduction in the tax rate on small business
  • An increase in the allowable Traditional IRA and Roth IRA contribution to $20K per year for a couple filing jointly and $10K for a single person, each without income limit.  These allowable amounts are indexed to inflation.