I'll be on the "Taking Stock" program with hosts Pimm Fox and Courtney Donohoe on Bloomberg Radio today between 4 and 430 pm EST talking about the budget and the State of the Union. You can listen here.
I'll be on the "Taking Stock" program with hosts Pimm Fox and Courtney Donohoe on Bloomberg Radio today between 4 and 430 pm EST talking about the budget and the State of the Union. You can listen here.
by David Frum Jan 23, 2012 11:45 AM EST A capital gains tax is a tax on the transfer of capital assets. You want to keep that tax as low as possible to encourage the efficient use of assets. Which is why almost every advanced economy taxes capital
by David Frum Jan 23, 2012 11:45 AM EST A capital gains tax is a tax on the transfer of capital assets. You want to keep that tax as low as possible to encourag.
The top tax rate on long-term capital gains is currently 15%. That's why Mitt Romney is spending so much time talking about his tax returns. That revelation has set off a familiar debate about whether that low rate is appropriate.
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