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Top 10 Graphs About Capital Gains

Posted by Andy Nicholas at Feb 29, 2012 10:00 AM |
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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"

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KIDS-COUNT-in-WA-logo-web-sm-1.jpg

The State of Washington’s Children 2012 is a broad review of how Washington’s 1.5 million kids are faring in tough times. The report is issued by KIDS COUNT in Washington, a new partnership we formed with Children’s Alliance to improve young lives in Washington. Download the report.

 

HIGHLIGHTS

Watch us on TVW

Our Executive Director Remy Trupin recently appeared on TVW to discuss the 2012 Legislative Session, revenue options, and reform.

 Remy TVW


Legislative Testimony

Policy Analyst Andy Nicholas testified on tax policy and revenue trends before a work session of the Senate Ways and Means Committee. Click below.

 Andy testimony






Listen to us on KUOW

Our Executive Director Remy Trupin was recently on "The Conversation." He discussed our proposal to tax capital gains in Washington state. Listen here.

Check out our video

We created a video for our 5th Anniversary that highlights the importance of public investments to education, healthcare, and economic security. Click below.

Video screen shot