Media commences all-out campaign against indexing capital gains as ‘tax cut for the super-rich’
Media Bias: Taxing capital gains has always been an anti-growth policy
By Dan Calabrese —— Bio and Archives--July 31, 2018
American Politics, News | Comments | Back To Full Article
We told you several weeks ago that this is under consideration, and we explained the economic benefits of the move. Indexing capital gains for inflation would simply tax the gains in a manner the better reflects their real value given the impact of inflation. It would also free up more capital to be invested in the productive sector of the economy, which would help ensure that 4.1 percent growth we liked so much in the second quarter doesn’t turn out to be a mere blip.
So how have the media decided to treat this potential growth-friendly policy move? Pretty much exactly as you’d expect them to:Welcome to CFP’s Comment Section!
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