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Capital Gains

Tax Reform: As Usual, We're Going About It All Wrong

Jared Bernstein | Posted 05.06.2013 | Business
Jared Bernstein

Proposed tax changes should have to stand on whether they'll a) help to raise the revenue we need to meet future challenges that are coming fast, or b) boost growth in ways that actually matter to contemporary economies.

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.

TBTF, TBTJ: Too Big to Exist

Mike Lux | Posted 04.10.2013 | Politics
Mike Lux

I remain troubled by the fact that fundamental economic issues seem to be the last thing on anybody's minds in D.C. And looming over these economic problems is the elephant in the room: these Too Big To Fail, and apparently Too Big To Jail, Wall Street financial conglomerates.

On the New Year's Fiscal Agreement

Miles Rapoport | Posted 03.04.2013 | Politics
Miles Rapoport

The major question now is, what is the shape of the debate to come? We believe the President and the Democrats' hands are strengthened, not weakened.

Catherine New

The Fiscal Cliff Redefines The 1 Percent

HuffingtonPost.com | Catherine New | Posted 01.02.2013 | Business

Forget the 1 percent, the fiscal cliff deal is all about the .7 percent. That's the slice of Americans who will be affected by Congress' new definitio...

Progressives Should Not Complain About the Fiscal Cliff Deal

Lenny Goldberg | Posted 03.04.2013 | Politics
Lenny Goldberg

On the substance, progressives should not cry "sellout" when the rich have had a permanent tax increase and the unemployed and middle-class are protected. We should cry wolf only when the right-wing wolf is really at the door of the poor and the middle class.

How the Fiscal Cliff Could Impact the Housing Recovery

Ryan Nickum | Posted 02.18.2013 | Business
Ryan Nickum

Everyone agrees the economy will falter if we go off the fiscal cliff, but how will the tax increases and spending cuts it will trigger impact the housing market?

Obama's Recession

Steve Pociask | Posted 02.18.2013 | Business
Steve Pociask

Simply put: The increase in dividend taxes is not a tax on the rich. Reducing savings, investment, income and jobs is a recipe for economic decline. Whether you are an investor, worker or a retiree, the pending increase could have serious consequences on you.

Ryan Grim

Negotiators Nearing Breakthrough On Tax Rates

HuffingtonPost.com | Ryan Grim | Posted 12.18.2012 | Politics

WASHINGTON -- Fiscal cliff negotiators are coalescing around an agreement on high capital gains and dividends tax rates, according to both Democratic ...

Zach Carter

Obama's Opening Gambit On The Fiscal Cliff -- Time To Freak Out?

HuffingtonPost.com | 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 ...

Fantasy Cliff: Debunking the Biggest Myths About the Bush Tax Cuts and the Rich

Sanjay Sanghoee | Posted 01.30.2013 | Politics
Sanjay Sanghoee

We should stop taking the flawed arguments of the rich seriously, and call it out for what it is. Greed.

Tax Those Dividends

David Callahan | Posted 01.29.2013 | Business
David Callahan

Rarely has any tax cut in history shoveled more money to wealthy households than the 2003 tax cut for both dividends and capital gains.

Zach Carter

Lobbyists Push For Tax Breaks For Wealthy In Fiscal Cliff Debate

HuffingtonPost.com | Zach Carter | Posted 11.27.2012 | Politics

WASHINGTON -- As negotiations to avert the so-called fiscal cliff intensify, corporate lobbying groups are pushing key tax perks that benefit the weal...

Republican Scam on "Not Raising Taxes": Why Democrats Should HOPE All the Cuts Expire

Paul Abrams | Posted 01.20.2013 | Politics
Paul Abrams

No one should continue to indulge this fiction. Republicans have voted to raise taxes. Repeatedly. They just did it again in 2010.

Blowing Up America for $2,300

Richard Greene | Posted 11.16.2012 | Politics
Richard Greene

We are in danger of going over "The Fiscal Cliff" -- in large part -- because of the framing of the Bush tax Cut issue and adding "revenue" to our debt crisis has been appalling. Why is no one breaking this down? And why are we ignoring two hugely relevant points?

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.

Taxes! After the Election - Now What?

Rick Rodgers | Posted 01.13.2013 | Home
Rick Rodgers

Start diversifying your savings today while tax rates are still low. The good news is there still time to take advantage of 2012 tax rates, which may turn out to be the lowest we see in some time. Here are three strategies to help diversify before the end of the year.

Zach Carter

Wall Street 'Could Live With' Tax Hikes For Rich, Says Obama's Top Finance Ally

HuffingtonPost.com | Zach Carter | Posted 11.13.2012 | Politics

WASHINGTON -- Wall Street's hostility toward President Barack Obama has been playing out for years in the form of extreme rhetoric and lopsided campai...

Zach Carter

Romney Tax Return Shows Big Bain Loophole

HuffingtonPost.com | Zach Carter | Posted 09.26.2012 | Politics

WASHINGTON -- Mitt Romney saved about $$850,000 on his 2011 taxes, thanks to the Republican presidential candidate's controversial retirement package ...

Predictable but Telling: What Romney's Tax Returns really Say

Sanjay Sanghoee | Posted 11.21.2012 | Business
Sanjay Sanghoee

The Romney campaign has finally released his 2011 tax return which shows that the Republican candidate paid $1.95 million in taxes on an income of $13.7 million. This amounts to an effective tax rate of 14.1%, which makes sense given that most this was investment income, which is taxed preferentially.

Inequality: Why the Capital Gains Tax Rate should be Raised

Sanjay Sanghoee | Posted 11.03.2012 | Business
Sanjay Sanghoee

Capital gains are a form of passive income that arise not from working but from realizing profits from investments. While there is nothing wrong with making money passively, there is no defensible reason to tax that type of income any differently than the wages of say, a policeman.

Dear OWS: Y R U MIA?

Howard Steven Friedman | Posted 11.03.2012 | Politics
Howard Steven Friedman

The Occupy Movement and the slogan "We are the 99%" resonated with millions. You once had a powerful voice. It was a strong voice, but not always clear. Today you are conspicuously silent.

Billionaire Dispatches From the RNC -- Day 3

Clifford J. Tasner | Posted 10.29.2012 | Politics
Clifford J. Tasner

Today, all of our telecommunications companies brought Republican lawmakers and candidates to Tropicana Field for batting practice. Come January, these are the guys who are going to take a bat to Net Neutrality once in for all, so it'll be a home run for us!

Is 2012 The Year To Sell Your Business?

Reuters | Posted 08.28.2012 | Small Business

(Reuters) - Jim Angleton did not plan on selling his small financial services business this year, but when a foreign buyer approached with the right o...

Why Inequality's Even Worse Than It Seems

Bloomberg View | Michael Kinsley | Posted 06.14.2012 | Business

Bloomberg View The current debate about rich and poor -- the 1 percent versus the 99 percent -- is a bit misleading because the evidence usually is...