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Capital Gains Quotes

Taxes, investment, and an ongoing debate.

These capital gains quotes debate how taxing investment profit affects the wider economy - some call for zeroing out capital gains rates entirely, alongside other levies like the so-called Death tax, to spur growth.

Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.

Quotes by Robert Reich

When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

Quotes by Rob Portman

The IRS issued guidance for virtual currencies on March 25, 2014 that stated virtual currencies, including Bitcoin, are to be treated as property for federal tax purposes. This requires capital gains on virtual currencies to be recorded and reported. The...

Quotes by Perianne Boring

I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.

Quotes by Michele Bachmann

Being Quotes

The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.

Quotes by John F. Kennedy

No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.

Quotes by Joe Biden

The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.

Quotes by Herman Cain

Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Obama says he wants to do that. That would slow down economic growth. It's not necessarily helpful to the economy. Every time we've cut...

Quotes by Grover Norquist

Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.

Quotes by Grover Norquist

Bitcoin Quotes

We want to keep a preferred rate for capital gains - we think it is important to encourage investment.

Quotes by Gary Cohn

Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.

Quotes by Chuck Norris

I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of...

Quotes by Barack Obama

Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts.

Quotes by Amity Shlaes

I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.

Quotes by Allen West

Damages Quotes

After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.

Frequently Asked Questions

What's the general debate around capital gains covered here?
It centers on whether lowering or raising capital gains taxes helps or hurts everyday investment and economic growth, without much agreement between the quotes.
Is there a quote about the history of capital gains tax?
Yes, one notes that capital gains tax, at least in the form discussed, was actually introduced fairly recently, not something that's always existed.
Do any quotes mention other taxes alongside capital gains?
Yes, one groups it with several other levies, including dividends, alternative minimum tax, and the so-called Death tax.
Is there a quote about protecting lower-income earners from tax hikes?
Yes, one argues that a specific tax plan wouldn't raise capital gains, income, or investment taxes for people below a certain income level.
Do these quotes take a side on tax policy?
The quotes themselves come from different viewpoints on taxation, but this page presents them factually as part of an ongoing economic debate rather than favoring one side.

Others trace how capital gains taxation itself is a fairly modern policy tool, first introduced only a few decades ago, while still others argue raising it would unfairly affect everyday earners rather than just large investors.