It might be ridiculous, as Meg Whitman said this afternoon, to suggest that she is proposing eliminating the capital gains tax to enrich herself, given the millions of dollars the Republican nominee for governor has put into her campaign.
But the billionaire former eBay CEO, like many wealthy people, would benefit from the tax break, and Tuesday during their debate, Democrat Jerry Brown asked Whitman how much she stands to gain.
Whitman told reporters at a campaign stop in Sacramento this afternoon that she "would benefit to some degree" but could not estimate the amount.
"It's almost impossible to estimate," she said. "It depends on when you sell stocks and bonds and all that kind of stuff."
Whitman has said eliminating the capital gains tax would improve the business climate in California and stimulate the economy. Brown has said it would harm the state budget with no guarantee of a return.