The final paper in Stephen J. Entin of IRET’s three part series about the capital gains tax rate is entited, Revenue Estimation Of Capital Gains Needs Improvement, and as the title promises it explores the inacurate revenue estimates applied to potential changes in the capital gains tax rate: Two recent studies in IRET’s Capital Gains Tax […]

As previously noted, IRET has published a series of three excellent papers on the case for lowering the capital gains tax rate.  The second paper is introduced by Stephen J. Entit and written by Paul Evans.  Entitled, The Relationship Between Realized Capital Gains And Their Marginal Rate Of Taxation, 1976-2004, it begins as follows: The tax […]

Over the next several days we will be highlighting a series of papers by Stephen J. Entin of the Institute for Research on the Economics of Taxation (IRET).  These papers examine the looming possibility of an increase in the capital gains tax rate and make a strong case for reducing the rate.  The first paper, […]

A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) explains why the capital gains tax is inconsistent with good tax policy and hurts the American economy.

The correct capital gains tax rate is zero because there should be no double taxation of income that is saved and invested. This is why all pro-growth tax reform plans, such as the flat tax and national sales tax, eliminate the capital gains tax. Unfortunately, the President wants to boost the official capital gains tax rate to 20 percent, and that is in addition to the higher tax rate on capital gains included in the government-run healthcare legislation.