Article: CSE Applaud's Gingrich's Effort to Reduce Capital Gains Tax Rate

WASHINGTON, June 25 /U.S. Newswire/ -- Citizens for a Sound Economy praised House Speaker Newt Gingrich today for his efforts to reduce the capital gains tax rate. The comments were written by Matt Kibbe, executive director of Citizens for a Sound Economy in a letter addressed to Gingrich.

The text of Kibbe's letter follows:

"On behalf of Citizens for a Sound Economy's (CSE) 250,000 members, I would like to express our strong support for your efforts to further reduce the capital gains tax rate from 20 percent to 15 percent. "Despite last year's reduction from 28 percent to 20 percent, our tax system remains biased against saving and investment because it needlessly taxes capital. Lowering ...

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