<p>Tax Foundation President Warns Against Taxes on Capital Income</p>

Tax Foundation President Warns Against Taxes on Capital Income

Tax Foundation

Progressive tax proposals such as a wealth tax, a minimum tax on book income, or a higher corporate tax rate “are among the most economically damaging options that lawmakers could use to fund government investments,” Tax Foundation President Scott A. Hodge said at an April 27 Senate Finance Committee panel hearing.

<p>Progressive tax proposals such as a wealth tax, a minimum tax on book income, or a higher corporate tax rate “are among the most economically damaging options that lawmakers could use to fund government investments,” Tax Foundation President Scott A. Hodge said at an April 27 Senate Finance Committee panel hearing.</p>