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Capital Gains Tax

Don't Hike The Capital Gains Tax

Grover Norquist | Posted 06.29.2016 | Politics
Grover Norquist

The rule for doctors, "First Do No Harm" should also apply to politicians promising to "reform" the tax code.The federal tax code is too long -- 74,000 pages -- too complicated, too confusing, and too expensive for taxpayers.

Zach Carter

Republicans Push $269 Billion Handout For Millionaire Heirs And Heiresses | Zach Carter | Posted 04.14.2015 | Politics

WASHINGTON -- House Republicans this week will vote to hand the heirs and heiresses of America's largest fortunes a $269 billion tax break by repealin...

Make the 1 Percent Pay for the Iran War

Robert Naiman | Posted 03.05.2014 | Politics
Robert Naiman

Now we know that it's actually not so hard to get Washington to do the right thing if the choices are framed correctly. Having learned this lesson, let us apply it to the question of future wars, and to the proposed Iran war in particular.

Capital Gain, Social Loss

Edward Corcoran | Posted 05.10.2013 | Politics
Edward Corcoran

To the extent that this favorable tax treatment facilitates economic expansion, the overall economy is mis-structured. Moving more assets to the wealthy should certainly not be a prerequisite for job development and economic progress.

Warren Buffett Successfully Tears Down CNBC

The Huffington Post | Harry Bradford | Posted 12.14.2012 | Business

What’s that CNBC? You think you can successfully take on America's favorite billionaire? Think again. CNBC is backing off claims made earlier th...

What Jamie Dimon Won't Say About Taxes

The Huffington Post | Catherine New | Posted 12.14.2012 | Business

Jamie Dimon, JPMorgan Chase’s chief executive, has been out front among Wall Street chiefs in supporting higher tax rates on individual taxpayers as...

Zach Carter

Obama's Opening Gambit On The Fiscal Cliff -- Time To Freak Out? | Zach Carter | Posted 11.30.2012 | Politics

No. But there are several interesting elements, particularly among the combined $1.6 trillion in new tax revenue. Obama has spent most of the past ...

The President's Opening Bid on the Grand Bargain (III): The Difference Between "Broadening the Tax Base" and Raising Taxes on the Rich

Robert Reich | Posted 01.14.2013 | Politics
Robert Reich

If Republicans won't budge on raising tax rates but insist on broadening the base, Democrats should take aim at the biggest tax loophole of all for America's wealthy: the preference for capital gains. Capital gains should be taxed the same as ordinary income.

Dimon: 'I Don't Mind Paying 39.6 Percent In Taxes'

Reuters | Posted 10.10.2012 | Business

Oct 10 (Reuters) - The chief executive of JPMorgan Chase & Co, Jamie Dimon, waded into the U.S. fiscal debate on Wednesday when he said he was willing...

Was Romney Truly a Massachusetts Resident When He Voted For Scott Brown?

Paul Abrams | Posted 04.20.2012 | Politics
Paul Abrams

To release his 2010 and 2009 returns would raise the real possibility that he committed voter fraud. And, we all know how deeply concerned Republicans are about voter fraud, don't we?

Why Obama Should Raise Taxes in 2013

Joseph Rauch | Posted 06.10.2012 | College
Joseph Rauch

Obama is going to win the election this year and when he does, I want him to raise taxes on wealthy Americans by repealing the Bush tax cuts or introducing new tax legislation on the "1 percent" as well as capital gains.

Tax Breaks Now Roughly Same Size As Federal Budget Deficit

The Huffington Post | Alexander Eichler | Posted 03.26.2012 | Business

Take all the tax breaks in the U.S. tax code and put them together. You'll find that they add up -- and up and up. That's the conclusion of a re...

Hey, GOP: Give the 99 Percent Some Lovin'

Leo W. Gerard | Posted 02.04.2012 | Politics
Leo W. Gerard

To serve the 1 percent, Republicans discarded all of their supposedly sacrosanct philosophy about taxes during last week's struggle over extending the temporary payroll tax cut.

CHART: America's Descending Marginal Tax Rates

Posted 06.15.2011 | Business

By Catherine Mulbrandon (Click picture to enlarge) Green line is the top marginal rate for married couples filing j...

Private Equity Billionaire: I'm Getting A Huge, Unjustified Tax Break | PETER LATTMAN | Posted 05.25.2011 | Business

Peter G. Peterson, the billionaire co-founder of the Blackstone Group, was the subject of Deborah Solomon's "Questions For" column in The New York Tim...

Jumpstarting Jobs: The Lost Lesson of the Great Depression

Paul Abrams | Posted 05.25.2011 | Business
Paul Abrams

The "investment deficit" -- the rich hoarding rather than investing their money -- is the forgotten lesson of the Great Depression. To jumpstart jobs, we need to remember it.