You must have a job at the WP.
.... "We should also consider a turnover approach to capital-gains taxation: if a stock sale is soon reinvested, it shouldn't be treated as a taxable event. This would keep the money in the market."
....
Kudlow makes a lot of sense. If we had a real conservative in the White House, this proposal would be on the front-burner. As it is, Bush "resists" (as the WaPost puts it) calls for near-term, meaningful tax cuts.