Tax Policy

In 1978, ACCF was instrumental in convincing Congress to turn a looming increase in the federal capital gains tax rate into a substantial tax cut. The Revenue Act of 1978 that President Carter signed into law helped keep the U.S. economy from sliding further into recession. Today, the ACCF continues to provide expert research on the important role of capital formation in ensuring robust job growth and a strong economy. 

News

Capital gains increase at heart of Democrats’ tax-the-rich plans

Bloomberg News
Democratic plans that target wealth that largely comes from capital gains functionally serve as the equivalent of a higher rate on those profits, according to Mark Bloomfield, president and chief executive officer of the American Council for Capital Formation, a lobby and research group.

70 percent tax is total fantasy

The Hill
Raise taxes to 70 percent, and with a click of a computer button, trillions of dollars will escape across the our borders and beyond the grasp of the IRS, which will collect 70 percent of zero dollars. That means zero revenues to fund the federal government.

At Davos, Trump can ensure ‘American First’ isn’t ‘America Alone’

Published in The Hill When German professor Klaus Schwab organized a meeting of European business leaders to discuss global management practices in Davos 47 years...

Research & Publications

Report: Tax Reform and Clean Energy R&D

EXECUTIVE SUMMARY The Brady-Ryan tax reform plan proposed last summer would decrease taxes on corporate profits and investment income, while preserving the existing credits for...

Prioritizing Tax and Regulatory Improvement in 2017

As the attention of the nation and world leaders turn to Washington, D.C. to see what issues the new 115th Congress and administration of President Donald Trump are championing in 2017, the American Council for Capital Formation and its affiliated Center for Policy Research have developed a broad set of policy recommendations on tax reform and improvements to the federal regulatory process, particularly in the energy, environment, and financial services spaces, to guide and focus discussions both on Capitol Hill and downtown. Read the full memo.

Capital Formation 101

Introduction by Mark Bloomfield, ACCF President and CEO