Thursday, November 29, 2012

No, Low Capital Gains Taxes Don’t Boost The Economy

No, Low Capital Gains Taxes Don’t Boost The Economy: If the Bush tax cuts are allowed to expire on schedule at the end of the year, the capital gains tax will increase from 15 percent to 20 percent. President Obama has called for allowing the capital gains tax, as well as the tax for dividends, to increase only on income in excess of $250,000. [...]/p