FLASHBACK: Reagan Raises Capital Gains Taxes For First Time

FLASHBACK: Reagan Raises Capital Gains Taxes For First Time: pMuch has been said in recent days after Mitt Romney revealed that his effective tax rate is close to 15 percent — below that of many middle-class Americans — because much of his income comes from investment gains, which are taxed at lower rates than normal wages. But Flyod Norris reminds us in the New [...]/p