Capital Gains Tax Plus Inflation Is a Loser for Taxpayers
September 22nd, 2006 by Kent LassmanAnalyst Phil Kerpen has a nice article on how the effects of inflation hurt investors. Kerpen used methodology of tax economist Art Hall to determine how much inflation is responsible for capital gains in the past half century. The results will astonish you. FreedomWorks has weighed in on the issue with a call for repeal of the inflation tax on capital gains. You should too.
