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Capital Gains and Games

Washington, Wall Street, and everything in between. Policymakers and the financial services community think about each other all the time, but neither really understands what the other is doing. This blog, written by Stan Collender, is intended to change that.
Capital Gains and Games Blog  
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Why the Economy Needs Spending, Not Tax Cuts

Oct 24, 2009
Yesterday, Mort Zuckerman, owner of the New York Daily News, exercised his prerogative by publishing an essay in that publication complaining that "Obama's spending and borrowing leaves U.S. gasping for air." This is common criticism...

Ethanol: President Obama And The EPA Face A Tough Decision Soon

Nov 27, 2009
U.S. ethanol policy embodies all the classic conflicts between politics and economics. This morning’s New York Times signals that Congress’s mandate on refiners to use 12.6 billion gallons of ethanol in 2011 will be “mathematically...

Will the Obey Plan End the War?

Nov 26, 2009
www.forbes.com/2009/11/25/shared-sacrifice-war-taxes-opinions-columnists-bruce-bartlett.html The Cost of War Are Americans willing to pay it? Bruce Bartlett   In recent years, Republicans have been characterized by two principal positions: They...

Tax Reform Resources

Nov 24, 2009
Next week, the White House is expected to release a proposal for simplifying the tax system. In the hopes that this will lead to a discussion of tax reform, which all tax experts believe is badly needed, I have compiled a list of full-text online tax...

Third Quarter GDP, A Downward Revision

Nov 24, 2009
The BEA has released the preliminary (or second estimate) GDP figures for the third quarter.  Compared to the advance estimates released at the end of last month, the annual growth rate is down from 3.5 to 2.8 percent. The second estimate of the...

David Obey Suddenly Makes Afghanistan A Big Budget Issue

Nov 24, 2009
Two articles on funding additional troops in Afghanistan, both of which were published yesterday, raise some of the most interesting and tricky federal budget-related issues of the year. The first, from the Los Angeles Times, points out that the cost...

Why the Economy Needs Spending, Not Tax Cuts



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