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<title><![CDATA[Rob Arnott - Articles - RealClearPolitics]]></title><link>http://www.RealClearPolicy.com/authors/rss/archive/23516.xml</link><description><![CDATA[Rob Arnott]]></description><category domain="23516">Author</category><item>
							<title><![CDATA[The Assisted Suicide of Lofty State and Local Taxes]]></title>
							<link>https://www.realclearpolitics.com/articles/2026/03/26/the_assisted_suicide_of_lofty_state_and_local_taxes_153980.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2026/03/26/the_assisted_suicide_of_lofty_state_and_local_taxes_153980.html]]></guid>							
							<pubDate>Thu, 26 Mar 2026 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[We get the government we choose to elect, hence the government we deserve. Voting for ever-higher punitive taxes on the rich is arguably a form of civic suicide. Consider that a wealthy New Yorker can get a raise of almost 40% just by moving. That'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s right. If moving eliminates a...]]></description>
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							<title><![CDATA[Debt-Financed Splurges Are a Dead End]]></title>
							<link>https://www.realclearpolitics.com/articles/2025/06/25/debt-financed_splurges_are_a_dead_end_152952.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2025/06/25/debt-financed_splurges_are_a_dead_end_152952.html]]></guid>							
							<pubDate>Wed, 25 Jun 2025 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[We are all amply familiar with the neo-Keynesian wisdom, repeated endlessly on both sides of the aisle, that government can reliably stimulate private sector prosperity through ever-larger outlays. As Congress debates a $2.4 trillion reconciliation package, we should consider whether...]]></description>
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							<title><![CDATA[The Dangerous Asymmetry in Taxing Capital Gains]]></title>
							<link>https://www.realclearpolitics.com/articles/2022/04/05/the_dangerous_asymmetry_in_taxing_capital_gains_147424.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2022/04/05/the_dangerous_asymmetry_in_taxing_capital_gains_147424.html]]></guid>							
							<pubDate>Tue, 05 Apr 2022 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[The proposal to tax unrealized capital gains is dead. Again. For now. Like the mythological phoenix, it'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'ll probably rise from the ashes again. Let'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s try to end the idea for good.
At year-end 2021, Amazon had risen from a 1997 IPO valuation of $438 million to $1.7'&#'.ord('Ã').';''&#'.ord('‚').';' trillion....]]></description>
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							<title><![CDATA[Biden's Capital Gains Tax: Heads, We Win; Tails, You Lose]]></title>
							<link>https://www.realclearpolitics.com/articles/2021/05/08/bidens_capital_gains_tax_heads_we_win_tails_you_lose.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2021/05/08/bidens_capital_gains_tax_heads_we_win_tails_you_lose.html]]></guid>							
							<pubDate>Sat, 08 May 2021 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[There will always be munis. Income from municipal bonds typically enjoys tax-free status at the federal level and in the issuing state. Conversely, when investors put wealth to work in a startup, private corporation, or public company, they face a capital gains tax penalty if their...]]></description>
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							<title><![CDATA[COVID-19 and the Unintended Consequences of Economic Shutdown]]></title>
							<link>https://www.realclearpolitics.com/articles/2020/03/24/covid-19_and_the_unintended_consequences_of_economic_shutdown_142741.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2020/03/24/covid-19_and_the_unintended_consequences_of_economic_shutdown_142741.html]]></guid>							
							<pubDate>Tue, 24 Mar 2020 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[The bipartisan answer to the coronavirus pandemic seems to be: shutter the economy, then bail out everyone who is suffering economic pain. Of course, as RealClearMarkets editor John Tamny has observed, if we bail out everyone, we bail out no one. Instead of directly confronting the cause...]]></description>
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							<title><![CDATA[A Modest Proposal to Ban the 'Far Right']]></title>
							<link>https://www.realclearpolitics.com/articles/2019/01/22/a_modest_proposal_to_ban_the_far_right_139236.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2019/01/22/a_modest_proposal_to_ban_the_far_right_139236.html]]></guid>							
							<pubDate>Tue, 22 Jan 2019 00:00:00 -0600</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[To be clear, we don'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'t suggest banning'&#'.ord('Ã').';''&#'.ord('‚').';' people'&#'.ord('Ã').';''&#'.ord('‚').';' on the conservative side of the ideological spectrum '&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('“').';' or the liberal side, for that matter.'&#'.ord('Ã').';''&#'.ord('‚').';' We say it'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s time to ban pejoratives like '&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('œ').';'far right'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('�').';' and '&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('œ').';'far left'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('�').';' because they don'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'t adequately...]]></description>
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							<title><![CDATA[The Great Tax Migration]]></title>
							<link>https://www.realclearpolitics.com/articles/2018/04/24/the_great_tax_migration__136885.html</link>
							<guid><![CDATA[https://www.realclearpolitics.com/articles/2018/04/24/the_great_tax_migration__136885.html]]></guid>							
							<pubDate>Tue, 24 Apr 2018 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[With the elimination of most state and local tax (SALT) deductions, Congress has put a bull'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s-eye on high-tax states like California and New York.'&#'.ord('Ã').';''&#'.ord('‚').';' '&#'.ord('Ã').';''&#'.ord('‚').';' While there'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s a reasonable federalist argument that states are'&#'.ord('Ã').';''&#'.ord('‚').';' exactly'&#'.ord('Ã').';''&#'.ord('‚').';' where most spending and taxation should take place,...]]></description>
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							<title><![CDATA[30 Million New Jobs In 5 Years? Yes We Can]]></title>
							<link>http://www.realclearmarkets.com/articles/2011/10/12/30_million_new_jobs_in_five_years_yes_we_can_99305.html</link>
							<guid><![CDATA[http://www.realclearmarkets.com/articles/2011/10/12/30_million_new_jobs_in_five_years_yes_we_can_99305.html]]></guid>							
							<pubDate>Wed, 12 Oct 2011 00:00:00 -0500</pubDate>
							<author>Rob Arnott</author>
							<description><![CDATA[Another summer, with job growth lagging population growth? That's bad. A closer look at the long-term historical data reveals something far more disturbing. We're 30 million jobs short of full employment. Can we put 30 million people to work in the next five years, and end this economic...]]></description>
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