…identity, the capital account plus government net saving plus private net saving must equal zero. For a given level of the capital account (Japan’s capital account has been quite stable…

…government and no dedicated funding of programs, along with dedicated axing of benefits through the ‘deficit/debt’ scare tactic); deregulation of everything to do with business or capital (gutting EPA, Dodd-Frank,…

…has shed 900 billion euros in capitalisation and two thirds of its value,” said Jacques Chahine, chairman of European investment firm J.Chahine Capital. “Although the sector has raised 450 billion…

…is the cost of capital to firms, not the cost to the Treasury. Here I think an important problem might be the cost of capital to firms with poor bond…

…and on which any tax that was due was likely at a preferential capital gains rate. See TJ Wall, Steinbrenner Fourth Billionaire in 2010 to Escape Taxes, if Not Death,…

…had problems with its details. Just kill me now. This plan that proposes to cut almost all taxation on capital, and all taxation on individual holders of capital, is billed…

…would provide a rate between the capital gains preference and ordinary rates, or a provision that would apply the capital gains rates for gains from investments that the partnership holds…

…are overtaxed and get nothing for it. As a result, there’s a good chance that most of the tax cuts–including the low capital gains rates and treating dividends as capital…

…directly (Peru) or with quasi-capital controls (Brazil). The Brazilian government announced a 2% tax on foreign capital flows into the domestic fixed income and equity markets. And to Brazil’s northwest,…

…tax on capital gains as a tax on capital and so a disincentive to invest. The historical reality generally shows the exact opposite, the higher the tax the more you…