You are currently browsing the tag archive for the ‘capital gains tax’ tag.
An increase in the capital gains tax is basically an increase in government business ownership. For example, if the government increases capital gains by 10% they effectively own 10% more of your business. Because if you ever sold your business the government would take that percentage of the profit. When the press talks about who is impacted by potential capital gains hikes they focus on rich fat cats. But the truth is that millions of small business owners and retirees are the ones who really take the biggest hit.
