Tax Foundation's Tax Policy Podcast

In this podcast, Jim Tisch, President and CEO of Loews Corporation, and Ed McClellan, Tax Counsel at PricewaterhouseCoopers, talk to Tax Foundation President Scott Hodge about the problem of the Untied States' high corporate capital gains rate. Mr. Tisch and Mr. McClellan explain the difference between the individual capital gains rate and the corporate capital gains rate, the problem of "locked-in" assets and their detrimental impact on business decisions and job creation, the...