Episode 251: Wealth, Income, Capital Gains, and Taxes
In response to record-breaking deficits, politicians, pundits, and concerned voters are discussing new sources of tax revenue. Unfortunately, they often conflate wealth, income, and unrealized capital gains. This week, we clarify some of the confusion.
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This Week’s Topichttps://taxfoundation.org/publications/state-local-tax-burden-rankings/#Burdens
https://fred.stlouisfed.org/series/FYFSD…
The skinny
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