Phrase by 'James B. Stewart'
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The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low effective tax rate no matter what their marginal tax bracket.
Author: James B. Stewart - American JournalistWhy , Appreciation , Matter , Rich
Various justifications for lower capital-gains rates have been proffered over the years, none of them self-evident. But even conceding the wisdom of lower capital-gains rates, why should they never be taxed at all, even as they are passed from generation to generation?
Author: James B. Stewart - American JournalistNever , Why , Wisdom , Generation
As a global disrupter, Uber is no stranger to conflict, and its instinct has always been pugilistic.
Author: James B. Stewart - American JournalistAlways , Conflict , Stranger , Uber
As in many cities, Uber has disrupted powerful interests in London, starting with the drivers of black cabs, who trace their lineage to 1634, and their influential Licensed Taxi Drivers Association.
Author: James B. Stewart - American JournalistBlack , Who , Powerful , London
Many people in London - and in the rest of Europe - view giant American technology companies, and Uber in particular, with intense suspicion and resentment.
Author: James B. Stewart - American JournalistPeople , View , Rest , Technology
The biggest revenue target is the preferential rate for long-term capital gains, which raises a perennial question: Why should capital income be taxed at a much lower rate than ordinary income? Capital assets are owned overwhelmingly by the rich.
Author: James B. Stewart - American JournalistWhy , Rich , Question , Target
If Republicans are correct that lower rates spur economic growth, then lower rates on all income - made possible in part by raising capital-gains rates - should bolster economic growth across the economy.
Author: James B. Stewart - American JournalistMade , Possible , Growth , Economic Growth
The idea that content is king has long rested on the notion that distribution - in whatever form it takes - is a low-margin commodity, and the biggest share of profits flows to the creators of original programming, who can sell to the highest bidder.
Author: James B. Stewart - American JournalistLong , King , Whatever , Programming
There's no question that the Internet generally, and Netflix specifically, upended the traditional content-distribution supply chain and caused profound changes in the entertainment industry.
Author: James B. Stewart - American JournalistInternet , Entertainment , Netflix , Chain
The bar for a chief executive of a public corporation to repudiate a United States president is extraordinarily high. Corporate leaders aren't given their power, prestige, responsibility, and nine-figure pay packages to use the corner office as their personal soapbox.
Author: James B. Stewart - American JournalistResponsibility , Power , Office , High
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