Econ Comments & Analysis
CNN Money | Stop beating up the Rich
Most of the 1.4 million taxpayers who make up the top 1% gained their wealth through their own efforts rather than by inheritance. This group consists of a large number of doctors, lawyers, engineers, and small-time entrepreneurs, many of whom are working hard to create jobs.
Blogs
Tax Foundation | Obama's Tax Rates on Investment would exceed Clinton's Rates
Capital gains revenues doubled, both in nominal terms and as a share of all federal revenues, between 1996 and 2000. To no small degree, this surge in capital gains revenue made possible Bill Clinton’s balanced budgets.
