Authors Posts by Mark A. Bloomfield

Mark A. Bloomfield

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For more than four decades, American Council for Capital Formation President and CEO Mark Bloomfield has been a prominent voice in the media on current political and economic issues. On any given day, he may be interviewed on Fox Business Network at sunrise, and again as the market closes on CNBC. CNN noted, he is “well-schooled in the arts of both economics and politics and is one of the most influential figures operating behind the scenes in Congress.” Mark is a frequent contributor to The Wall Street Journal, where he was the subject of The Weekend Interview and whose editorial board nicknamed him “Mr. Capital Gains.” Mark regularly contributes to Fortune and The Hill, Capitol Hill’s leading newspaper.

In Memoriam: ACCF Board of Advisors Member Fred Malek

The ACCF bids farewell to ACCF Board of Advisors Member Fred Malek.

Tough Russia Sanctions Could Backfire on the U.S.

DASKAA’s sledgehammer approach could cripple American business more than the Russian government can, leaving domestic U.S. firms to pay the price for Russian offenses. Through a targeted approach like the one proposed in the CDRA, domestic businesses and international markets will not be collateral damage in the fight against election meddling.

ACCF on Tariffs and Cohn Resignation

"Numb" is how ACCF President and CEO Mark Bloomfield describes Washington's reaction to the resignation of National Economic Council director Gary Cohn. He also offers his political take on President Trump's tariffs on steel and aluminum.

Fox Business: Bloomfield on President Trump and Davos

On Fox Business FBNam, ACCF President and CEO Mark Bloomfield weighs in on President Trump's trip to Davos, the message of "America is Open for Business" and what it means to be a Pro-Business Populist.

In the Wake of Tax Reform, Is a Consumption Tax Down the Road?

At the American Council for Capital Formation, Bloomfield has been organizing salons for years in the hope that they can serve as vehicles for fomenting policy change and bipartisanship. Since 1982, he’s been assembling four members of Congress, four journalists, and eight business people for honest, off-the-record dinner discussions. “What I pride myself on doing here is bringing people from diverse groups together,” he said.

Fox Business: Mark Bloomfield on State of Markets in Early 2018

On Fox Business FBNam Mark Bloomfield discusses the state of the markets in early 2018 and the early impacts of tax reform. Watch the latest...

Fox Business News: Tax Reform

On Fox Business Network's Intelligence Report with Trish Regan, Mark Bloomfield discusses how to resolve the SALT deduction dilemma with a proposed cut in the capital gains tax.

Will Republicans Raise Capital Gains Taxes?

To improve an otherwise good tax plan and avoid raising the burden on capital gains, Congress should reduce the top federal rate to the pre-Obama level, 15%.

CNBC Closing Bell: Mark Bloomfield on Tax Reform

ACCF President and CEO Mark Bloomfield joins President Obama's former Chairman of the Council of Economic Advisers Austan Goolsbee for a discussion on the...

The bumpy road to tax reform is still driveable

The sure footing that American businesses so desperately need to form capital and generate growth requires a long game and an enduring vision by our nation's leaders. That won’t happen unless Congress comes together first to pass a budget.

The bumpy road to tax reform is still driveable

Published in The Hill

The sure footing that American businesses so desperately need to form capital and generate growth requires a long game and an enduring vision by our nation's leaders. That won’t happen unless Congress comes together first to pass a budget. It is critical that lawmakers discharge their duty and get that job done quickly.

Pensions Leaving Workers Behind By Focusing On Messaging, Politics

Published in Investor's Business Daily

Individual investors have the right to do whatever they please with their investments, but CII's members have a duty to deliver. If — or perhaps we should say when — they don't provide the funds that retirees expect, taxpayers will be the ones picking up the tab.

Look to Latinos to drive US economic growth

Published in The Hill

The one thing President Trump, Democrats, the chattering class and, most importantly, the American public can agree upon is the need for higher U.S. economic growth. An analysis from June 28, Latino GDP Report, highlights the Latino contribution to the U.S. economy. It provides helpful insight to our country’s challenge of creating greater economic growth.

How the New Russia Sanctions Bill Could Cost U.S. Jobs

Published in Fortune

While there may be no such thing as a perfect sanction, surely Congress can do better. No one votes for a representative to go to Washington in order to approve an obviously job-killing measure such as this.

ACCF President Mark Bloomfield weighs in on Trump Tax Plan

Mark Bloomfield shares his perspective on President Trump's proposed plan for tax reform. He compares it to tax reform efforts during the Reagan era where he served as Secretary of the President-Elect's Transition Task Force on Tax Policy.

Need Revenue? Try Slashing the Capital Gains Tax Rate

In the debate over tax reform, the biggest challenge is always how to raise enough revenue to offset proposed tax cuts. Yet there is a relatively simple and painless way to maintain the federal coffers: Restore long-term capital-gains tax rates to the levels in place before President Obama took office. A reduction in this tax could generate significant additional revenue.