Change Capital Gains Tax Rules to Benefit Everyone
Bartlett, Bruce, Columbia Daily Tribune (Columbia, MO)
On Monday, Wall Street financier Henry Paulson was sworn in as the new secretary of the treasury, replacing railroad executive John Snow, who stepped down. Paulson and Snow have very little in common except one thing: Both were very, very rich when they became treasury secretary. This raises a question in the minds of some people: Why do such people take government jobs, even if it is being secretary of the second-highest-ranking department in government? (State is first, by the way.)
One reason, obviously, is a desire to perform public service - a belief that they can make a difference in terms of policy that will make America a better place. Another reason is prestige. …
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Publication information: Article title: Change Capital Gains Tax Rules to Benefit Everyone. Contributors: Bartlett, Bruce - Author. Newspaper title: Columbia Daily Tribune (Columbia, MO). Publication date: July 15, 2006. Page number: Not available. © 2007 Columbia Daily Tribune. Provided by ProQuest LLC. All Rights Reserved.
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