What’s New in Washington?

On occasion, we at the Rio Grande Foundation are asked by our friends in Washington (yes, we have some!) to weigh in on issues of national importance. Two issues that I’d like to share are a proposed tax hike in the 15 percent tax rate on capital gains for individuals or for partnerships. We joined dozens of other groups that believe in limited government to send letters to both the House and Senate outlining just how harmful a capital gains tax hike could be.
Also, given the lack of transparency in Washington these days, there is broad, bi-partisan concern that future administrations pledge to be more open with those who pay their salaries (taxpayers). A second letter from the Rio Grande Foundation and dozens of other organizations expressed our desire for greater transparency in the federal government.

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