Schmudget Blog
— filed under: ,

Top 10 Graphs About Capital Gains

Posted by Andy Nicholas at Feb 29, 2012 12:00 PM |

Implementing a tax on capital gains, such as the one proposed in House Bill 2563, would be a bold way to promote job creation, long-term economic growth, and a prosperous future for all Washingtonians. Below is a ‘top ten’ list of graphs and tables highlighting why a tax on capital gains is a smart and effective way for Washington to strengthen its vital public health and education systems. (Click on graphs to enlarge.)

House Bill 2563 will be heard in the House Ways & Means committee this morning.

Drum roll please...

1.

 96 Percent of Capital Gains go to Millionaires

 See: "Capital Gains Still More Concentrated Among Wealthiest Few"

2.

Capital Gains Grow Much Faster than Retail Sales

 See: "Capital Gains: A Rapidly Growing, Yet Untapped Resource"

3.

Hedge Funds and Other Elite Partnerships

 See: "Elite Investment Clubs Account for Largest Share of Capital Gains"

4.

Taxpayer A vs Taxpayer B

 See: "A Capital Reform"

5.

DJIA vs Other Econ Indicators

 See: "Accelerate Washington's Economy, Tax Capital Gains"

6.

Capital Gains Tax Would Help Build A Much Larger RDF

 

7.

 Distribution of Capital Gains Table

 See: "A Capital Reform"

8.

42 States Tax Capital Gains

 See: "A Capital Reform"

9.

Concentration Index

 See: "Capital Gains Becoming Even More Concentrated Among Richest Few"

10.

Investment vs Capital Gains Taxation

 See: "Taxing Capital Gains at Ordinary Rates" By Jared Bernstein

Bonus graph!

Capital Gains Stabilization

 See: "Capital Gains Tax + Rainy Day Fund = Greater Economic Stability"

Document Actions
HIGHLIGHTS

Sign Up for #BudgetMatters17!

Our Budget Matters Seattle Policy Summit is on December 6. Find out more and sign up now!  (And a big thank you to all those who made our first-ever Spokane Budget Matters Policy Summit in October a big hit.)

Our Policy Priorities

Washington state should be a place where all our residents have strong communities, great schools, and the chance for a bright future. Our 2017-2019 Legislative Agenda outlines the priorities we are working to advance to build a better Washington.

Testimonies in Olympia

To advance our legislative priorities, the Budget & Policy Center team was in the state capitol throughout session testifying on a wide range of bills. Watch our testimonies on TVW:
Misha TVW