Capital Gains Taxes

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?

The Economic Impact of Raising Taxes on High-Income Households

Jared Bernstein | Posted 04.25.2012

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 04.02.2012

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

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

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

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

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

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.

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

AP | By STEPHEN OHLEMACHER | Posted 01.27.2012

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

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

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

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 ...

Why Entrepreneurs And Obama Should Care About Capital Gains Taxes

John Backus | Posted 12.20.2011

John Backus

So how do you take a good idea -- zero percent capital gains for startups -- and make it a big idea, an idea that could turbocharge innovation, company formation, and job creation in our economy right now?

Fix Our Campaigns to Fix Our Economy

Bob Edgar | Posted 11.14.2011

Bob Edgar

Big-money groups are ready and eager to spend millions to preserve the status quo. We must find a way to let candidates who dare to stand up to big money compete and win at the polls.

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.

If There Ever Was a Moment When a Third Party Would Have a Chance to Win, This Is It

Ed Koch | Posted 10.01.2011

Ed Koch

About a year ago, whenever the name of President Obama came up, the near-universal word used by people I know who had worked hard for him in the 2008 campaign was "disappointment."

Investors Need Tax Certainty

Tim Ryan | Posted 05.25.2011

Tim Ryan

Congress absolutely must continue the current rates on capital gains and dividends regardless of income level to provide increased certainty for American businesses and families, but for our future economic growth and job creation.

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.

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.

Private Equity, Hedge Funds Face Tax Hike: 15% to 39.6%

nytimes.com | Andrew Ross Sorkin | Posted 05.25.2011

Of course, even if the measure passes, Wall Street executives are ready: They've already begun devising clever new "structures" to skirt the tax chang...

Meg Whitman's Tax Plan Would Cut Her Own in Half

Chris Kelly | Posted 05.25.2011

Chris Kelly

Meg Whitman isn't one of those Republicans who says the answer to everything is a sweeping tax cut. California's budget problems are bigger than that. We can only afford to cut taxes on the rich.

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 ...

State of Dis-Union

Dan Dorfman | Posted 05.25.2011

Dan Dorfman

In his State of Union Address, the President told Congress its number one focus this year should be job creation. The President, however, served up little in the way of resolving the nation's chief economic illness, lofty unemployment, according to one razor sharp economist.