Capital Gains

The Case for the Buffett Rule: Fairness for the Taxpayer

Jimmy Dahroug | Posted 05.02.2012

Jimmy Dahroug

Is it too much to ask that people making over one million dollars in annual income pay a tax rate comparable to middle income Americans? Why is there one set of rules for millionaires and a different set of rules for the rest of us?

Tax Breaks Now Roughly Same Size As Federal Budget Deficit

The Huffington Post | Alexander Eichler | Posted 03.26.2012

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...

Taxes "On Sale"

David Shucavage | Posted 05.20.2012

David Shucavage

It's very hard to predict what will happen at the end of an election year. Even so, it is unlikely taxes will be lower in the future, so you may just decide to play it safe and sell now. Either way, you want to be prepared.

Turns Out Recovery Is For The Rich

The Huffington Post | Alexander Eichler | Posted 03.05.2012

Technically, the economy has been in recovery for two years. But it turns out the rich have been doing most of the recovering. In 2010 -- the first...

Romney-Style Tax Breaks Scrutinized In Europe

The Huffington Post | D.M. Levine | Posted 02.15.2012

With each passing day comes new evidence that the world is starting to shine a bright light on how the private equity industry does its business. The...

Paul Blumenthal

Lobbyists Love Romney

HuffingtonPost.com | Paul Blumenthal | Posted 02.08.2012

WASHINGTON -- In a Jan. 23 debate in Tampa, Fla., former Massachusetts Gov. Mitt Romney directed a pointed attack at former Speaker of the House Newt ...

More Than Half Of Americans Say Tax Capital Gains Like Work: Survey

The Huffington Post | Jillian Berman | Posted 01.31.2012

Most Americans agree: The U.S. should alter the rules that allowed Mitt Romney to pay taxes at a lower rate than someone in the middle class. Sligh...

Think Again: "As Ronald Reagan Said... Oh Never Mind"

Eric Alterman | Posted 03.28.2012

Eric Alterman

Conservative media outlets are falling all over themselves looking for the "true" heir to Ronald Reagan. Thing is, Ronald Reagan actually raised capital-gains taxes.

Jon Ward

Mitt Romney Says His Tax Rate Is Higher Than 15 Percent

HuffingtonPost.com | Jon Ward | Posted 03.27.2012

WASHINGTON -- Mitt Romney has begun to make the case that he pays more than 15 percent in taxes. "The tax rate is really closer to 45 or 50 percen...

Two Million Reasons To Start (Or Invest In) A Company Today

Jason Finger | Posted 02.12.2012

Jason Finger

Get off of the fence and start (or invest in) a business, because if someone invests in a qualified small business between now and the end of this year and holds that stock for 5 years and sells it, any gain is TAX FREE.

Very Small Percentage Of Americans Netting Most Of Capital Gains

The Huffington Post | Jillian Berman | Posted 11.21.2011

As large as the income gap between rich and everyone else is today, one area of the economy has an even wider gulf to bridge. The top 0.1 percent ...

Taxing Capital Gains at Ordinary Rates: Evidence Says Do It... So Does Buffett

Jared Bernstein | Posted 10.21.2011

Jared Bernstein

2011-08-21-Screenshot20110821at7.14.25PM.jpg Why not tax capital gains as ordinary income? That's an old chestnut among those of us who believe that the differential between tax rates on different types of income causes more harm than good.

Why Liberals Should Learn to Love the Debt Debate

Joseph J. Thorndike | Posted 10.01.2011

Joseph J. Thorndike

Democrats have a long way to go. They are nowhere near breaking the bad tax news to lower- and middle-income Americans. But they finally have a president who is trying to restore the value proposition that lies at the heart of progressive governance.

Paul Blumenthal

Sen. Mark Warner Receives Big Contributions From JPMorgan During Deficit Talks

HuffingtonPost.com | Paul Blumenthal | Posted 08.16.2011

WASHINGTON -- During the first three months of 2011 employees of JPMorgan Chase piled in campaign contributions to the campaign committee of Sen. Mark...

To Owe or Be Owned -- Depends on How You Tax It

Ruud de Mooij | Posted 07.13.2011

Ruud de Mooij

The corporate tax code in the US creates a significant bias toward debt finance over equity. However we have come to realize that excessive debt is much more costly than we have always thought.

Foundations, Insiders and IPOs: Back Door Influence and Abuse

Vivian Norris | Posted 07.06.2011

Vivian Norris

The wasteful, immoral use of "nonprofit" foundations as ways to funnel monies, evade taxes and influence politics not just at home but abroad, needs to be investigated.

Explaining Taxes

Chris Weigant | Posted 06.19.2011

Chris Weigant

The concept of taxes, of course, is pretty easy to explain. Except when you look at it too closely.

IRS Drastically Increases Its Audits Of America's Richest Taxpayers

The Huffington Post | Maxwell Strachan | Posted 05.27.2011

In 2009, the Internal Revenue Service announced plans to unleash a new enforcement unit called the Global High Wealth Industry, the goal being to bett...

New Tax Cut Package: See The Bill's Biggest Cuts

AP | The Associated Press | Posted 05.25.2011

Highlights of the tax package passed by Congress late Thursday and sent to President Barack Obama. It would cost about $858 billion; most provisions, ...

When Hedge Fund Managers Talk, Andrew Ross Sorkin Transcribes, Uncritically

David Fiderer | Posted 05.25.2011

David Fiderer

You can't buy the kind of free publicity extended by today's New York Times, which quotes extensively from Daniel Loeb's political rant in, "Why Wall St. Is Deserting Obama," a 1,200-word piece devoid of critical analysis.

Charlie, What's It Like Inside the Club?

Howard Steven Friedman | Posted 05.25.2011

Howard Steven Friedman

The world is full of clubs. Two countries have about 95% of the estimated nuclear weapons in the small club of nuclear countries. The world's four wealthiest countries have about half the global economy.

Tax Tricks: Is Corporate Income Taxed Twice?

Dave Johnson | Posted 05.25.2011

Dave Johnson

Conservatives claim that income from corporate dividends is "taxed twice" -- first when the corporation pays its taxes (if it does pay taxes), and the...

Unintended Consequences of the Enterprise Value Tax

Alan Patricof | Posted 05.25.2011

Alan Patricof

The Enterprise Value Tax is unprecedented, punitive and has no justification in the tax code. Its unintended consequences will affect millions of well-meaning people.

Closing Tax Loopholes for Billionaires

Robert Reich | Posted 05.25.2011

Robert Reich

Call me old fashioned but I just think it's wrong that a single hedge fund manager earns a billion dollars, when a billion dollars would pay the salaries of about 20,000 teachers.

Carried Interest Tax Break Costs The Government Billions, Is A Gift To Financiers: The New Yorker

newyorker.com | James Surowiecki | Posted 05.25.2011

In a typical private-equity fund, the managers get paid two per cent of assets as a regular fee, plus twenty per cent of the fund's profits. They pay ...