Hillary to roll out capital gains tax increase | Arkansas Blog

Friday, July 24, 2015

Hillary to roll out capital gains tax increase

Posted By on Fri, Jul 24, 2015 at 9:39 AM

Democratic presidential candidate Hillary Clinton is expected to propose a capital gains tax increase today, likely to focus on short-term capital gains on investments. The idea is to encourage long-term investment of the sort that creates economic activity, not just reward the ultrawealthy.

The Patriotic Millionaires, a group of wealthy people who believe economic inequality in the U.S. is both "dangerous and immoral," has already prepared a news release to laud the idea, though the group appears to think Clinton might not go far enough. Check out their film clip.

UPDATE: Here's the Clinton plan, with a doubling of the rate for short-term profits but a six-year sliding scale reduction for profits of investments held for a longer term.

Tags: , , , ,

From the ArkTimes store


Comments (10)

Showing 1-10 of 10

Add a comment

Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

  • Charter secret

    These are hard times for those who believe in traditional public schools, run by democratically elected representatives, open to all on equal terms.
    • Aug 17, 2017
  • Police announced beefed-up patrols

    Little Rock police are stepping up patrols on account of rising violent crime. Meh.
    • Aug 16, 2017
  • Free streetcar service extended through December

    Rock Region Metro says it will extend free service on the River Rail streetcar lines through December
    • Aug 16, 2017
  • More »

Readers also liked…

Most Viewed

  • Arkansas-linked Charlottesville marcher identified, apologizes to those misidentified

    A man who says he's a former University of Arkansas student now living in New England has identified himself as the person wearing an "Arkansas Engineering" T-shirt in the Friday white supremacist march in Fayetteville. He apologized for involving UA in the story and to the professor misidentified as being the person wearing the shirt.

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation