Thank you for laying out the likely outcomes. My issue is two-fold: 1) we're basically saying "I guess 15% (dividend and long term cap gains tax) at most (prob

Thank you for laying out the likely outcomes. My issue is two-fold: 1) we're basically saying "I guess 15% (dividend and long term cap gains tax) at most (probably less) is good enough" instead of the 35% they would normally pay, which just generally seems like bad thinking to me when it comes to setting policy, rather than finding a different solution. And 2) I'm not aware of any evidence that b, c, and d are likely to have a positive outcome for the US as a whole rather than for individuals. (b) assumes that capital gains will be realized and taxed within a short-term time frame, (c) assumes that banks are actually in need of reserves, which I don't believe is true [1], and (d) assumes that alternate investments would actually be pursued that aren't being funded right now, which I'm also not sure is true to any significant extent (ex. Google already has Tech Stars and spends mountains of cash on real estate) [1] https://twitter.com/dallasfed/status/433408941947494400 https://twitter.com/dallasfed/status/433408941947494400