Capital taxes are a disincentive to save, a disincentive to work and a disincentive to innovate.
capital gains
How the Rich Got Rich
John D. Rockefeller, America’s first billionaire, said, “If your only goal is to become rich, you’ll never achieve it.”
Easy for him to say, but his point is well taken: If the only thing you care about is making money, no …
Facebook Co-Founder Gives Up U.S. Citizenship — Is He Ungrateful, or Heroic?
The Corporate Tax Rate Is Lowest in Decades; Is Business Paying Its Fair Share?
As the nation frets over slow growth and large budget deficits, much has been made over how much Americas are and should be paying in income tax. President Obama and Democrats have argued that the wealthiest among us are not …
Give Romney a Break! His Charitable Giving Offsets His Low Tax Rate
Mitt Romney may not be paying as much federal income tax as you’d like. But his charitable giving is extraordinary. Add the two together—taxes and voluntary giving—and you get something close to an overall rate that many …
