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More legislation isn t the answer. » More The entire May 2018 New York party group. Thank you all for helping Jim launch The 3rd Ingredient! Davonna Blasingame, Brain Trust member Bill Brandt, Jim Blasingame and Patrice Brandt take a moment to pose for a picture at the New York party in May 2018. New York party guests share their thoughts about The 3rd Ingredient. New York party guests listen intently to Jim as he explains The 3rd Ingredient. Jim launches his newest book, The 3rd Ingredient, with a New York rooftop party May 2018. Author Jim Blasingame receives 2015 Axiom Business Book Award in New York from Jim Barnes, Editor, The Jenkins Group
More legislation isn t the answer. » More The entire May 2018 New York party group. Thank you all for helping Jim launch The 3rd Ingredient! Davonna Blasingame, Brain Trust member Bill Brandt, Jim Blasingame and Patrice Brandt take a moment to pose for a picture at the New York party in May 2018. New York party guests share their thoughts about The 3rd Ingredient. New York party guests listen intently to Jim as he explains The 3rd Ingredient. Jim launches his newest book, The 3rd Ingredient, with a New York rooftop party May 2018. Author Jim Blasingame receives 2015 Axiom Business Book Award in New York from Jim Barnes, Editor, The Jenkins Group
More legislation isn t the answer. » More The entire May 2018 New York party group. Thank you all for helping Jim launch The 3rd Ingredient! Davonna Blasingame, Brain Trust member Bill Brandt, Jim Blasingame and Patrice Brandt take a moment to pose for a picture at the New York party in May 2018. New York party guests share their thoughts about The 3rd Ingredient. New York party guests listen intently to Jim as he explains The 3rd Ingredient. Jim launches his newest book, The 3rd Ingredient, with a New York rooftop party May 2018. Author Jim Blasingame receives 2015 Axiom Business Book Award in New York from Jim Barnes, Editor, The Jenkins Group
Biden’s Carried Interest Tax Would Force All Partnerships to Carry Big Burden
“The Biden administration and its allies excel at leveraging crises to expand government,” observes my CEI colleague Wayne Crews on the Biden “infrastructure” plan. The flipside of that is that the plan would also shrink investment and innovation in the private sector through its massive tax hikes.
Much has been written about the corporate and capital gains tax rates outlined in the plan being the highest at in the world. Ray Keating, chief economist of the Small Business and Entrepreneurship Council, writes that “in reality, taxes on upper-income earners do not exclusively affect those being particularly targeted. Rather, the increased costs and altered incentives, again, have clear negatives in terms of lost economic, income, and employment growth.”