Source: UC Berkeley Economist Danny Yagan, “Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut”

Getting Geeky: Raising Capital Gains Taxes


One of President Obama’s proposals in his 2015 State of the Union speech was that Congress raise the capital gains tax to increase revenue, decrease income inequality and make the richest 0.1% pay a fairer portion of their income to taxes. After the speech, Republicans and Fox News flew into the expected paroxysm of rage…