[Inyokern]

What the hell is he talking about?

I am glad to hear it is not just me. I don't know what the hell he is talking about either. What capital gains????

[graywaiter]

That's just it. I don't think he has a clue of what he's talking about. The only way I know of to receive a “capital gain” is to SELL an asset for more than what you (a) paid for it, (b) have in it or (c) inherited value. This applies to ANY asset, not just a small business. You have to SELL it to acquire an “capital gain” to need a tax cut. I guess we're all gonna be o.k. if we want to sell our businesses to get it! DUH!! This has got to be a misquote or pure b.s.