The Supercommittee will be reporting on a series of policy recommendations in November. One idea they should stay far away from is a capital gains tax hike.
Investors should not have to pay capital gains tax on that portion of their gain which is derived merely from the effects of inflation.
In proposing a new minimum tax level (the "Buffett Rule"), President Obama laid the groundwork for a new AMT on millions of families.
President Obama today endorsed a hike in the capital gains tax ratel. What does he want the rate to be? History has shown that hiking this tax will not work.
Big Government features an op-ed by Federal Affairs Manager Chris Prandoni and Norquist praisesBoehner's refusal to raise taxes in a budget deal.
President Obama today said that the "best" place to find additional tax revenue is by rasing the top marginal tax rate. It's actually growing the economy.