…In the short run, however, most capital gains are pure asset price effects. These short-term capital gains are excluded from national income and from our series. Gabriel Zucman has given…

…is just the change in bank loans outstanding.7 Holding gains When it comes to asset creation, holding gains are the 8,000-pound elephant in the room. Accumulated holding gains in this…

…valued at the purchase price. This bypasses capital gains. Since Gates’ Microsoft stock was originally purchased for approximately $50,000, and is now worth billions, the value of each dollar’s worth…

…Voodoo the Elder Bush always said it was. Lowering top marginal rates and taxing capital gains at half the rates of capital income would under my model have the effect…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

…immensely richer, but most Americans have hit stagnation, with real wages not sharing at all in the productivity gains that have made corporate managers multimillionaires. The productivity gains, that is,…

…agreement yesterday on a five-year, nearly $70 billion tax package that would extend President Bush’s deep cuts to tax rates on dividends and capital gains, while sparing about 15 million…

…non-wealthy who have a capital gain or receive stock dividends, however small. And so—voila!—Ryan’s statement, made with such earnestness, does not apply to the issue of taxes on capital gains…

…the next decade, achieved through a combination of limits on breaks and higher tax rates on ordinary income, capital gains, dividends and estates”); Jackie Calmes, Demystifying the Fiscal Impasse that…

…loophole of all for America’s wealthy: the preference for capital gains. Id. Krugman in his blog, An Austerity Bomb (Nov. 14, 2012) argues that we’ve again allowed the extremists on…