With rates scheduled to rise in January, the study describes the six reasons why capital gains tax rates should be kept as low as possible. The piece also notes that the new top U.S. capital gains tax rate in January of 28% will be much higher than the 16% average in the OECD. Here [...]
Chris Edwards Director of Tax Policy Studies Editor, www.DownsizingGovernment.org Cato Institute 202-789-5252 The Best and Worst Governors on Growth By Chris Edwards 9 October 2012 The Wall Street Journal (Copyright (c) 2012, Dow Jones & Company, Inc.) Federal lawmakers have created an economic mess with their chronic overspending and inability to [...]
The lead article in the new Cato Policy Report is entitled “We Can Cut Government: Canada Did.” The article reviews Canada’s economic reforms since the 1980s, which have included free trade, privatization, spending cuts, sound money, large corporate tax cuts, personal tax reforms, balanced federal budgets, block grants, and decentralizing power by cutting the central government. [...]
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