
“Hillary Clinton has announced that she will, if elected, raise the capital-gains tax to a maximum that equals the highest income tax bracket. She hopes to promote long-term investments by penalizing short-term ones with a tax rate that gets lower the longer an investment is held, reaching the current 20% rate only after six years. This, Ms. Clinton says, would allow a CEO to focus on the company’s true interests rather than just making the next quarter. It is, unfortunately, exactly the sort of plan you would expect from someone who has never started a company — and who doesn’t seem to know anyone who has.”
http://fee.org/anythingpeaceful/detail/clintons-startup-tax-will-crush-new-businesses
Related posts:
FEC poised to allow Bitcoin campaign donations
On Life Remotely: An Interview with Jessica Mans
The Strongest Asset Protection Laws in the US
Key anecdote to defend NSA data gathering is full of holes
Sheriffs attack senator's proposal to change asset forfeiture law
Florida policemen accused of forcing women into sex and groin-punching during traffic stop
It Looks Like Obama Miscalculated
Edward Snowden charged with espionage; arrest warrant issued
Tennessee: Appellate Court Upholds License Plate Roadblocks
Don’t Let Amazon Steal Your Data
How One New Tariff Could Cost You $5,000 This Year
Doug Casey on His Favorite Place in the World
23% of America Is Illiterate
The Questions That Weren’t Answered
State Dept.: One Jew Left in Afghanistan; No Christian Churches