Sounds like the Bush administration is considering lowering the capital gains tax. http://dailynews.yahoo.com/h/nm/20010909/pl/bush_economy_dc_12.html I only heard the long-term capital gains tax mentioned, but nothing about the short-term capital gains tax. Now if someone were able to lower the short-term tax, that would be a HUGE gift to daytraders. Its times like these when you could really use a lobbying group on capital hill. Htrader