Byline: ORRIN HATCH and JOSEPH LIEBERMAN Special to the Los Angeles Times
Ever since the 1986 Tax Reform Act hiked capital gains taxes for most Americans, pundits and politicians have been debating how the federal government should tax people who save and invest.
While many have expressed sincere concerns over who would benefit, a few members of the old class-warfare school have spread a number of myths about how capital gets created in this country and who benefits from its creation.
While the two of us have had our differences, we agree on what it takes to guarantee capital creation and thus job growth. Our Capital Formation Act embodies …
No comments:
Post a Comment