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Capital Gains Taxes

Think Again: The Super-Rich and Their Monster

Eric Alterman | Posted 01.23.2014 | Media
Eric Alterman

There has never been a better time to be enormously wealthy in the United States. They have managed to reshape the tax code in their own narrow self-interest and continue to exercise a stranglehold on Congress to prevent any attempts to redress this.

End IRS Scandals: Abolish the Corporate Income Tax

Eli Lehrer | Posted 07.19.2013 | Politics
Eli Lehrer

For all of its populist appeal, the corporate income tax is arbitrary and exempting some organizations from paying it is equally arbitrary. Abolishing the corporate tax altogether would supercharge the economy and wouldn't serve any particular set of political interests.

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.

Shocker: Huge Companies Cost U.S. Billions Exploiting Tax Break Designed for Farmers Swapping Horses

Ian Reifowitz | Posted 03.10.2013 | Business
Ian Reifowitz

It's ridiculous that huge corporations or speculators should be able to take advantage of this provision, buying one investment property, flipping it, and then "replacing" it with another, ad infinitum, not paying capital gains taxes on the sales.

Are Repubs Losing Their Religion?

Rick Horowitz | Posted 03.10.2013 | Politics
Rick Horowitz

The fiscal-cliff deal was far from perfect -- but don't sniff at a serious surrender from the GOP. ...

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 ...

The Real Economics of the Fiscal Cliff

Robert J. Shapiro | Posted 12.13.2012 | Politics
Robert J. Shapiro

The European sovereign debt crisis remains a serious threat, but not because a collapse of Greek, Spanish or Italian debt would infect confidence in U.S. Treasuries. The real issue is that such a crisis would threaten the solvency of many major French and German banks.

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.

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.

The Not-So-Great Redistribution Debate: Makers, Takers, Shakers and Fakers

Ed Crego, George Muñoz and Frank Islam | Posted 12.02.2012 | Politics
Ed Crego, George Muñoz and Frank Islam

Redistribution is an everyday occurrence and it is at the heart of the American political and capitalistic system.

Robert Reich: 'Trickle Down Economics Is Bunk, It Always Was'

The Huffington Post | Harry Bradford | Posted 06.13.2012 | Business

Former Labor Secretary Robert Reich can think of three reasons to raise taxes on the rich. He needs less than that number of minutes to explain them. ...

The Case for the Buffett Rule: Fairness for the Taxpayer

Jimmy Dahroug | Posted 07.02.2012 | Politics
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?

The Economic Impact of Raising Taxes on High-Income Households

Jared Bernstein | Posted 06.25.2012 | Business
Jared Bernstein

Although tax increases on high-income individuals might reduce their saving, if the revenue generated is devoted to deficit reduction, the resulting increase in public saving is likely to more than offset any reduction in private saving.

A Time Bomb of a Tax Code

Christopher Bergin | Posted 06.02.2012 | Money
Christopher Bergin

If Congress and the president do nothing about our tax system between now and the end of the year, here are just a few things in the tax law that will blow up.

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...

How The Wealthy Game Their Taxes

Emily Cohn | Posted 03.08.2012 | Money

Warren Buffett's secretary pays a higher tax rate than billionaire Warren Buffett. Mitt Romney paid a 13.9 percent tax rate in 2010--lower than many m...

Private Equity Funds - Neither Job Creators nor Vultures, Just Profit Makers

Parvez Ahmed | Posted 04.15.2012 | Business
Parvez Ahmed

Over the last two decades the system has become lopsided so as to leave the 99 percent feeling helpless and hopeless. Meanwhile special interest groups continue to rig the system disproportionately in favor of the 1 percent.

While Mitt And Newt Flail, It's Time For You To Be Bold, Mr. President

Pearl Korn | Posted 04.04.2012 | Politics
Pearl Korn

Take the money out of politics, protect Americans right to vote, and make it easier for more Americans to exercise their Constitutional rights -- three issues it's hard to oppose and can help bolster your credentials as a man of the People, Mr. President.

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

The Huffington Post | Jillian Berman | Posted 01.31.2012 | Business

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 | Media
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.

Why Are Romney's Investments Taxed At A Lower Rate?

AP | By STEPHEN OHLEMACHER | Posted 01.27.2012 | Business

WASHINGTON -- Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned t...

What Mitt Romney Would Pay Under the Gingrich Plan

Chris Ladd | Posted 03.26.2012 | Politics
Chris Ladd

Mitt Romney bears less responsibility for tax rates in this country than any of his challengers. What's more, his economic plan would cost himself many millions more in taxes than he would pay under a President Gingrich (0%).

The Flatter Tax

Ed Koch | Posted 03.25.2012 | New York
Ed Koch

What should the Democrats be offering as one of their top priorities to deal with the enormous inequities in our tax code? I call for the "flatter tax." I believe all income from whatever source should be taxable.

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

Jason Finger | Posted 02.12.2012 | Small Business
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 | Business

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 ...