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Tuesday, October 4, 2011

Taxes

Econ Comments                                                                                                             
Investor's | Set Cap Gains At A Permanent 15%
What can we do to make America the most competitive environment in the world for job creation?
WSJ | The Obama-Romney Tariff
Unlike America's last great trade blunder, the Tariff Act of 1930 (aka Smoot-Hawley), the China bill wouldn't raise tariffs across the board, but would instead allow companies to seek countervailing duties by treating a "misaligned" currency as a subsidy.

Blogs                                                                                                                             
WSJ | Heritage: Repatriation Tax Holiday Wouldn’t Create Jobs
While the tax break would likely prompt companies to bring home overseas profits, those companies wouldn’t use the extra cash to hire workers, launch mergers or make other new investments they wouldn’t already undertake, argue senior fellow J.D. Foster and senior policy analyst Curtis Dubay.

Reports                                                                                                                         
Heritage Foundation | The Buffett Rule: Fair to No One
This massive tax hike would fall mostly on families and businesses earning more than $250,000 a year. The President argues that these job creators should pay higher taxes out of “fairness.”