Blog Entries tagged 'Taxes' http://election08.respectablyfrench.com Thu, 09 Sep 2010 05:23:00 +0100 FeedCreator 1.7.3 http://election08.respectablyfrench.com/election-blog/Obama-on-the-Capital-Gains-Tax.html <p>It looks like Obama has changed his stance somewhat on the capital gains tax.</p><p>What is the capital gains tax? &nbsp; This is the tax on profits in capital instruments (stocks, bonds, etc) that is sold at a higher price than it was bought for.&nbsp; </p><p>What this does is diminish the incentive to invest in capital assets, like stocks, because it means that the US government will be taking a cut of the pie.&nbsp; How big a cut? Currently, the capital gains tax is 15%.&nbsp; Obama has ta [...] krasney@fas.harvard.edu Mon, 25 Aug 2008 05:00:00 +0100 Taxes