Stop The Inflation Tax

Capital gains tax is a tax on income, not from wages, pensions, profits, dividends, or interest – but from the sale of assets. However, it also includes an invisible tax – the inflation tax.
 
When an asset (real estate, stocks/bonds, other investments) is sold, the difference between the original purchase price and the sale price is subject to capital gains tax. But when the value of the asset increases because of inflation, that increase is not real. It is artificial – not an increase in the purchasing power of those dollars.
 
Simple solution – Indexing would set the basis in assets as the original cost paid, adjusted for inflation. Rates would stay the same, but the tax would be paid on real gains, not artificial paper gains.

See How It Affects You

Use our Calculator below, powered by research from leading economists Art Laffer and Steve Moore and backed by Laffer Associates, The Armstrong Project, and National Taxpayers Union, to see the effect inflation has on your own effective tax rates.

(For Educational Purposes Only - The Information Entered is Not Saved or Stored)
 

 

Who We Are

Inflation Tax Relief is a joint project of the National Taxpayers Union and The Armstrong Project utilizing research from leading economists Art Laffer and Steve Moore and backed by Laffer Associates.
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National Taxpayers Union

NTU is the “Voice of America’s Taxpayers.” We work for a simple and fair tax system that enables prosperity for all and respects taxpayers’ civil rights, lean and efficient government services and regulations, sustainable fiscal policies to avoid national bankruptcy, and permanent limits on taxes, spending and debt.

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Laffer Associates

Laffer Associates is the culmination of a lifetime’s worth of rigorous institutional and academic economic research by the firm’s founder and chairman, Dr. Arthur B. Laffer. For more than 35 years, Dr. Laffer has dedicated his distinguished career in economics to developing original works and proprietary models that analyze and forecast how economics affects the real world.

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The Armstrong Project

The Armstrong Project is a series of new initiatives led by Wil Armstrong, to preserve the historical record of his father, Senator Bill Armstrong, and especially to build on his important work for faith, family, and freedom. Preserving history is important, especially in an era when so many Americans have forgotten our founding principles.

Join the Fight for Inflation Tax Relief