Capital Gains

A new Congressional Budget Office (CBO) analysis shows that half the value of the $900 billion worth of top tax breaks goes to the top quintile of American income earners. Read more...
Uncle Sam has a well-documented need for more tax revenue in the years ahead. And a big reason why is that between them, Presidents Bush and Obama cut taxes by more than the five times the amount of the combined new revenue hikes Obama got in January and is asking for now. Read more...
A new survey suggests that spending, investment and charitable giving by the wealthy has not been hurt by higher taxes. Read more...
A new analysis by Congressional Research Service analyst Thomas Hungerford is just the latest to show that historically low capital gains tax rates are "by far the largest contributor" to America's historically high income inequality. Read more...
I am really excited that the long overdue battle over immigration reform and a path to citizenship has finally begun in earnest. While I am heartsick at the reason, it is good news that common sense gun safety laws are once again being discussed in Read more...

↓ More items below ↓
You've just got to love the right wing propagandists over at Fox, like Bill O'Reilly, having the nerve to be screeching about Al Gore and his business partners' decision to sell Current TV to Al Jazeera. Here's more from Mediaite on Bill-O's rant Read more...
Anyone remember Bill-O and his rant back in September of last year, where he threatened to "pack it in" and leave the country if President Obama raised his taxes? MSNBC's Ed Schultz took his viewers on a trip down memory lane and replayed O'Reilly's Read more...
Back in June, Mitt Romney's top economic adviser Glenn Hubbard caused a stir when he took his partisan politics beyond the water's edge and onto the op-ed page of a German newspaper. Now, the man the New York Times labeled Romney's "go-to Read more...
Wow, there simply are no rules on bullsh*t mountain! In this video from 2010, here's Paul Ryan advocating that we lower capital gains so that the wealthy pay closer to the 0% that they can find with offshore accounts. No criticism of the Read more...
The experience of the past three decades shows that for the GOP, there are only two certainties in life: debt and tax cuts. But you'd never know that watching the Republican National Convention, where a massive ticking debt clock and obvious Read more...