Double Taxed

Fighting to end destructive double taxation

  • Authors

  • Enter your email address to subscribe to Double Taxed and receive notifications of new posts by email.

    Join 6 other followers

  • Navigation

Senator DeMint Fights Against Tax Increase on Capital Gains and Dividends

Posted by Brian Garst on June 22, 2010

In today’s political climate of big government, big spending and big taxes, it’s important to recognize when someone in Congress stands up and gets it right.  Senator Jim DeMint did just that recently when he proposed an amendment, to the current tax extenders bill being debated, that would permanently extend the Bush tax cuts on capital gains and dividends.

While describing his amendment on the Senate floor (video), DeMint cited research from the Heritage Foundation which found that failing to prevent the impending increase would “drive investment abroad.”  He also discussed the issue with Neil Cavuto:

We should thank Senator DeMint for leading on this important issue.

Advertisements

Sorry, the comment form is closed at this time.