excise tax

Capital Gains Tax or Income Tax… Same Difference?
Capital Gains Tax or Income Tax… Same Difference?
Capital Gains Tax or Income Tax… Same Difference?
OLYMPIA, Wash.- Lawmakers in Washington are arguing that a proposed capital gains tax is not an income tax… but rather an excise tax, or tax on goods.   "Having talked with the IRS and every single revenue director in the country, there is not a single tax authority that says that taxing income is an excise tax," says Jason Mercier with the Washington Policy Center.   He add ... Read