Quotes About Capital Gains

#1. The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital ... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.

John F. Kennedy

#2. Make no mistake, the point of cutting the personal income tax and the capital gains cut is to send an unmistakable message to business.

Bill Richardson

#3. There is an old adage that the quickest way to drop your tax take is to increase taxes. If capital gains tax is going to be 50 percent, my contingent capital gains tax is going to be 250 million pounds.

Peter Hargreaves

#4. Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.

Robert Reich

#5. I will eliminate capital-gains taxes for the small businesses and the startups that will create the high-wage, high-tech jobs of tomorrow

Barack Obama

#6. Imagine his delight after it 'leaked' that he will propose raising taxes on the wealthy by $320 billion over the next 10 years, including increases to the capital gains and inheritance taxes.

John Podhoretz

#7. We must end the iniquitous multi-taxing of the same money. It is not right to tax people's incomes, then their savings on that income, to tax the movement of assets through capital gains tax, stamp duty and tax them again through inheritance tax if they have the audacity to die.

Liam Fox

#8. I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.

Allen West

#9. Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion.

Roger Wicker

#10. Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts.

Amity Shlaes

#11. If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.

Michael Bloomberg

#12. Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.

Grover Norquist

#13. I believe capital gains, for the most part, should be taxed the same way we tax income from hard work, sweat, and toil. And if we do those things, we can be a country that actually can afford debt-free college again.

Hillary Clinton

#14. Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.

Burton Malkiel

#15. To focus capital and entrepreneurship into empowering innovation, we should change is the capital gains tax rate. We would be better served by a regressive tax rate, that would become progressively smaller the longer the investment is held.

Clayton Christensen

#16. A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.

Fred Thompson

#17. You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains.

Carlos Slim

#18. I believe the tax on capital gains should be zero.

Mitt Romney

#19. I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.

Mitt Romney

#20. There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.

Andrew Tobias

#21. I'd like to give zero out capital gains tax and zero out the dividends tax, zero out alternative minimum tax, and zero out the death tax.

Michele Bachmann

#22. When you tax capital gains income, you don't help the economy, you hurt the economy, which is why President Kennedy, President Reagan, President Clinton and President Bush all believed we should have a lower rate for capital gains.

Rob Portman

#23. The ceiling on taxation of capital gains reflects the national belief that speculation is a more worthwhile way to make a living than work.

Calvin Trillin

#24. One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and - and capital gains.

Mike Huckabee

#25. Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate.

John C. Bogle

#26. I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.

Barack Obama

#27. No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, whether it's their capital gains tax, their income tax, investment tax, any tax.

Joe Biden

#28. Borrowers were told not to worry about paying the ever-mounting debt, because house prices would keep rising and they could refinance, taking out some of the capital gains to buy a car or pay for a vacation.

Joseph E. Stiglitz

#29. My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income ... passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.

Robert Kiyosaki

#30. The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.

Herman Cain

#31. I think if you had a capital-gains system where the long, patient capital would actually be rewarded, nanosecond capital turning would not be.

Hillary Clinton

#32. term gains and all short term capital gains are taxable to investors. Please refer to the Taxation - Capital gain for more details.

Jigar Patel

#33. If people want capital gains taxed more like the highest rate on income, that's a good discussion. Maybe that's the way to help close the deficit.

Bill Gates

#34. I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.

Warren Buffett

#35. Income depends on the terms of the respective policy and may be in the nature of interest or capital gains.

Jigar Patel

#36. I wish more people knew that the only one of the three main parties where not a single MP flipped from one property to the next, and not a single MP avoided capital-gains tax, where every single London MP did not claim a penny of second-home allowance, was the Liberal Democrats.

Nick Clegg

#37. One of the key elements of human behavior is, humans have a greater fear of loss than enjoyment of success. All the academic studies will show you that the fear of loss of capital is far greater than the enjoyment of gains.

Laurence D. Fink

#38. The key to building wealth is to preserve capital and wait patiently for the right opportunity to make the extraordinary gains.

Victor Sperandeo

#39. Let me repeat that: Our civilization is constitutionally incapable of reversing the annihilation of natural capital, or even slowing it down. Get used to that. When we really understand that, the project of reconceiving civilization itself will gain powerful impetus.

Charles Eisenstein

#40. It is not a zero sum game. The simple idea of the gains from trade lies at the heart of the modern and the ancient economy, not the power of capital. There is nothing else to it.

Matt Ridley

#41. We gain nothing by trading the tyranny of capital for the tyranny of labor.

Louis D. Brandeis