Cramer: Investment Taxes Equal Sell-Off?

The Democrats’ intent to fund health-care reform through, among other things, higher taxes on investment income will hurt the market, Cramer said Friday. Because every time taxes on stocks go up, a sell-off follows. That’s how it has worked for as long as he’s been on Wall Street.

“I don’t think this time’s going to be any different,” he said.

  • Cramer’s 5 Obama-Proof Dividend Plays

The debate over health care continued today, as President Obama and the Democratic leadership scrambled to collect the 216 yeas in the House needed to pass a reform bill. A vote is expected this weekend, and the odds right now seem to favor the bill’s passing.

Cramer during Stop Trading! explained what this could mean for the nearly two-thirds of Americans who own stocks. Watch the video for that. Plus, find out who he thinks would make a likely suitor for Palm , which is struggling right now.

Call Cramer: 1-800-743-CNBC

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