Tag Archives: capital gains tax

Impact of Capital Gains Tax on the Middle Class

Q: Would raising the capital gains tax rate hit the middle class? A: More than 80 percent of all capital gains income went to those making more than $200,000 a year in 2006. Very few making under $50,000 would be affected by any increase in the top capital gains rate.

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Taking Liberties in Philadelphia

Summary Clinton and Obama both strained the facts at times during their debate in Philadelphia. Clinton said "people died" in 1970s bombings by a radical group of which an Obama acquaintance was a member. In fact, the deaths were of three members of the Weather Underground itself, who died when …
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