…paid only 13.9% on $21.6 million of income, benefitting enormously from the low preferential capital gains rate of 15% that he paid on his returns from his investment of capital….

…eliminate the capital gains tax for high income individuals–capital gains, interest and dividdnds–would not only be a very expensive provision in terms of having to fill an even larger budget…

…tax. This will benefit the wealthiest of the wealthy, who are the only ones who pay the estate tax now. Retain the 15% rate for capital gains. This will benefit…

…that there are nonetheless real non-tax advantages: (i) reducing adverse selection/moral hazard from information asymetry between insurer and reinsurer and (ii) “allowing risk and capital to be moved more easily…

…financed by foreign inflows of capital (financial account surpluses), so that the currency comes under pressure when foreigners lose confidence in said emerging market economy. As foreign capital flows start…

…Oct. 5, 2011. Balderdash. Low capital gains rates have nothing to do with encouraging investment or capital formation or job creation. They mostly reward investors in the secondary market on…

…thirty attacking labor—you should expect capital growth. But that doesn’t mean that capital growth is welfare-enhancing, or even necessarily has a positive ROI. At Bear Stearns’s main building, 383 Madison,…

Note:This was going to be short pieces about things I missed during a week of illness. It turned into a Very Long Piece riffing on two posts from Capital Gains…

…financial industry provides rewards to employees and shareholders that are well in excess of the human value it produces (even considering its role as an intermediary delivering financial capital to…

…gain that wealth by accumulating capital and taking gains on it in the form of actual capital gains as defined and interest and dividends. None of which are taxable under…