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 up winning the Presidency. (Read the full article as previously published in the Montgomery Advertiser Saturday Aug 1st…)
The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.