Capital Gains

busey | Politics | Sunday, April 6th, 2008

This is a really good article on capital gains from the WSJ:

Obama’s Capital Loss

The fact that it is in response to an Obama position - that raising capital gains to 20-25% is ok - is not what makes this article interesting. It actually has some pretty interesting stats that show increases in capital gains materially decrease tax income because the higher tax changes peoples behaviors.

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