Tag: Investment

Member Post

 

I have a little “play money” Roth IRA at a discount broker which used to be ShareBuilder but has been bought and sold a bunch of times. It is now Capital One Investments, and I was notified earlier this year that my account has been sold, yet again, and by September will be transferred to […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Jim Geraghty of National Review and Greg Corombos of Radio America welcome comments from Bank of America Chief Executive Brian Moynihan suggesting the recent tax bill will trigger “massive new investment” in the United States, likely leading to economic growth and more jobs. They also skewer a plan from two state Democratic lawmakers in California who are pushing a ten percent tax hike on businesses making more than a million dollars to help offset the alleged damage the federal tax plan is doing to the middle class. They also unload on Pennsylvania Rep. Patrick Meehan, a married Republican lawmaker who used taxpayer dollars to settle a dispute with a female staffer he allegedly made romantic advances towards. Meehan pathetically insists it was not a romantic overture, just that they were soulmates.

Member Post

 

A friend recently dipped his toes into Patreon, an online resource of “recurring funding for artists and creators”, in hope of diversifying his sources of income. Best I can tell, Patreon is akin to the more popular Kickstarter service but focuses on recurring patronage as opposed to crowdfunding of particular projects. And who do I see […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Contributor Post Created with Sketch. Only in America

 

American-Flag-in-the-SunI’m overwhelmed by your support for my book proposal. And it’s not just personal gratitude. It’s also hope for my profession. I now really think reader-sponsorship and investment could be the future of journalism. This model could work so well that we might even be on the verge of entering a new golden age of reporting.

And this has reminded me all over again that for all our (justified) concern, America is such a remarkable and exceptional country. My brother and I were watching the “amount raised” counter on GoFundMe go up and up. Our conversation on Skype says it all — he said just what I’ve been thinking:

Contributor Post Created with Sketch. Hillary and Bernie Both Want to Raise Investment Taxes Dramatically

 

usa-election-democratsI thought a goal of smart tax policy was that you raised taxes on what you didn’t want (like pollution) and cut them on what you did want (like more investment and work). Over at Forbes, Ryan Ellis notes that Hillary Clinton and Bernie Sanders are proposing the highest capital gains tax rates in history, 47.4% for Clinton and 60% for Sanders vs. 23.8% today.

In the case of Clinton, according to Ellis, the math is a top headline rate of 39.6% + the 3.8% Obama “net investment income tax” + a new 4% high-income surtax. (By the way, the top capital gains tax rate was 20% when Bill Clinton left office and 15% under President George W. Bush.)

Contributor Post Created with Sketch. Is Hillary Clinton Really Going to Cut Capital Gains Taxes for the Rich?

 

shutterstock_287370881Following through on her economic speech last week, Hillary Clinton is going to propose changing capital gains tax rates to deal with corporate “short-termism.” The Wall Street Journal has the details:

Hillary Clinton will propose a revamp of capital-gains taxes that would hit some short-term investors with higher rates, part of a package of measures designed to prod companies to put more emphasis on long-term growth, a campaign official said. … At the center is Mrs. Clinton’s proposal to change capital-gains tax rates, the details of which are being finalized. The Democratic presidential candidate’s plan would create a sliding scale with at least three new rates that change depending on how long an investment is held, the official said.

Contributor Post Created with Sketch. Hillary Clinton Has a Smart Idea to Fix the Economy. Republicans Should Steal It

 

Hillary_Strategy_Shutterstock_500x293Bad news for Republican presidential candidates searching for a fresh message beyond moldy Reagan nostalgia and tired anti-Obamaism: Hillary Clinton just stole a potentially powerful theme right from under them.

In her economic policy speech Monday at the New School in Manhattan, Clinton said Corporate America deserves some of the blame for the weak and uneven economic recovery. Big business, she said, suffers from “short-termism” and too often practices “quarterly capitalism” where “everything is focused on the next earnings report or the short-term share price, and the result is too little attention on the sources of long-term growth: research and development, physical capital and talent.”