investment – Center for Freedom and Prosperity

Reckless IRS Regulation Would Put Foreign Tax Law over American Tax Law and Drive Investment out of the United States

by Dan Mitchell | Apr 11, 2011 | Blogs, Economics, Financial Privacy, Tax Competition, Tax Havens, Taxation

I’m not a big fan of the IRS, but usually I blame politicians for America’s corrupt, unfair, and punitive tax system. Sometimes, though, the tax bureaucrats run amok and earn their reputation as America’s most despised bureaucracy. Here’s an example. Earlier this...

Obama Wants a 23.9% Capital Gains Tax, but the Rate Actually Will Be Much Higher Because of Inflation

by Dan Mitchell | Sep 20, 2010 | Blogs

Thanks to the Obamacare legislation, we already know there will be a new 3.9 percent payroll tax on all investment income earned by so-called rich taxpayers beginning in 2013. And the capital gains tax rate will jump to 20 percent next year if the President gets his...