Chye-Ching Huang…Live!…on Cap Gains!!

January 30th, 2012 at 5:34 pm

We haven’t posted a video chat for a while here at OTE so I’m glad to be getting back to this feature with one of CBPP’s premiere tax experts, Chye-Ching Huang. I like the way Chye-Ching cuts through some complexities here on a topic I’ve been writing about a lot lately—the taxation of capital gains.

Check it out.

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2 comments in reply to "Chye-Ching Huang…Live!…on Cap Gains!!"

  1. Chris J. says:

    Nice video on the basics.

    But, I’m particularly interested in the double-taxation arguement for lower cap gain and dividend taxes. I think I recall a post on this subject in the past but I can’t find it. Can you post a link in these comments or post a new entry on this subject.

    • Clint McMillen says:

      The double-taxation argument seems pretty dubious to me. I mean — to use the example from the video — if someone invests $100, which has already been taxed, then makes $100 off that investment, it seems to me that the $100 earned has NOT been taxed, only the initial investment. I would prefer capital gains to be taxed as income, since for people like Mitt Romney, that’s exactly what it is, even if he really did nothing to ‘earn’ it.