When we reduce capital gains and corporate dividends to 15 percent, we actually raise more money for the Federal Government.
Don Nickles: “When we reduce capital gains and corporate dividends to 15 percent, we actually raise more money for the Federal…”
Editor's note · Context
Nickles claims that lowering capital gains tax can increase federal revenue.
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You would give such a tax advantage to Total, BP, Lukoil, other international oil companies.
I want to compliment Senator Grassley and Senator Baucus, and, frankly, all the conferees, for their work on this bill. There was a lot of work that went in on this bill. This bill has a lot of good provisions, and in this Senator's…
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I would have to look at the figures. The baseline scored by OMB was 521. The baseline scored by CBO was 477. The figure we had before us in the budget resolution, I would want to check. CBO is in the process of revising that. We use CBO…





