Clinton tax plan IS as bad as it sounds

August 6, 2015, by John Norris

Last week, Hillary Clinton announced a proposal to dramatically increase capital gains taxes if she wins the Presidential election. From what I can tell, virtually everyone has criticized it. Is it really that bad? Any tax or regulation which inhibits the free flow of capital to its highest and best use is generally not in anyone’s best interests, even Washington’s. As such, Clinton’s plan should be dead on arrival on Capitol Hill if she ends...

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