Schmudget Blog
— filed under: ,

Top 10 Graphs About Capital Gains

Posted by Andy Nicholas at Feb 29, 2012 01:00 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

A BIG Thank You!

Thanks to our generous community, we surpassed our GiveBIG 2017 fundraising goal and raised almost $10,000! Thank you to everyone who made an investment in the Budget & Policy's work advancing policies that promote shared prosperity. If you'd still like to support us, you can always make a gift here

Watch Our Budget Beat Webinars

We host regular Budget Beat webinars throughout legislative session to bring you updates and breaking news from Olympia and timely policy analysis. Visit our YouTube channel to watch our previous Budget Beats. 

Testimonies in Olympia

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

View Our School Funding Plenary 

Roxana_BMC_plenary_2016View the Budget Matters 2016 conference plenary, "What's at Stake in the 2017-2019 Budget: Funding McCleary and Beyond." Moderated by Ann Dornfeld of KUOW, the plenary features Nathan Gibbs-Bowling, the 2016 Washington State Teacher of the Year; Lew Moore of the Washington Research Council; Roxana Norouzi of OneAmerica; and Sen. Christine Rolfes. The plenary starts after an intro by Executive Director Misha Werschkul and an intro video by Gov. Inslee.