Mutual Fund Bill Remains in Congressional Limbo

Reader Comments
Back to blog

How do you do! My name is Anton.I Shame on you to Ask about help but life forces. Here is what problem we making look younger family, its vein no, but much powerfully want the child to wind, but parents ask about grandson, but we can not do this as as money on life comes short, presently we remove the temporary home in Harikove , but pay becomes all difficult and difficult, landlady of the apartment raises the price, us not to want to turn out to be on street, on work while work no, but search for other presently it is difficult, parents our retirees and get the wretched pension and suspenderses to us can not, here is and happens to to ask about help, People Good help please who how much can. We although on what nor be the veins an area to collect. We Shall be grateful all who will be able although as that help. Beforehand all enormous thank you!! Let keeps You God. WebMoney Z220476613434 E211167658373

Anton 2:41PM January 31, 2010

If your mutual fund is in your tax-deferred retirement account, you will not pay taxes on any of these capital gains anyway.

Julia of TX 10:35AM September 14, 2009

That means Republicans didn't pass it when they had years of chances, and now Democrats are even less likely to do so. Could that be BECAUSE IT IS ANOTHER PROPOSED GIVEAWAY TO THE WEALTHIEST THIRD OF THE PEOPLE IN THE COUNTRY WHO STILL OWN MOST OF THE MUTUAL FUNDS? Could it also be that sponsors of other competing investment vehicles never wanted this new advantage handed to mutual funds--which might explain why the Republicans never did it?
Come on. Capital gains are taxed too low now.
As for the sponsor's argument that this might "help unlock capital for business start-ups"----uh, no. Most mutual funds are not investing in "start-ups". The likely result would be precisely the opposite, where more money would be bidding up the price of the big-cap stocks---to unrealistic levels, aka "bubbles" (AGAIN). And from there, they could be sold in an over-priced condition to the hapless little peoples' new money going into 401(k)s--AGAIN.

Muser of NM 1:09PM September 12, 2009

Ummm... perhaps if you had a basic understanding of mutual funds you wouldn't have made that comment. MF investors receive taxable distributions regularly, EVEN IF THEY DON'T SELL THEIR SHARES OF THE FUND. That's because when another investor sells shares, the fund manager must liquidate assets to meet their redemption request, thus creating a taxable event that must be borne by ALL fund shareholders whether they were the ones who sold or not. This bill would simply put mutual fund investing ON PAR with individual stock investing, where gains are only realized when the investor sells his/her OWN shares.

TO Guy of GA of WI 9:35AM September 11, 2009

This measure will be unfair to investors who choose to invest on their own.
Why allow mutual fund investors to postpone capital gains tax while still requiring individual investors to pay the tax at the time they sell the stock?
The 15% capital gains tax is the lowest level in decades. No one should object to paying it and paying it at the time the gain is realized by selling the stock.
Given all the problems America has today, you would think two smart guys like Ryan and Crapo would have better things to do with their time than push this plan.

Guy of GA 9:06AM September 11, 2009