Stephen Pagliuca in The Associated Press


On Gun Control: Gun control works in Europe and England

Pagliuca defended himself against a caller who complained about gun control laws. He said he didn't read about a single gun death during the three years he worked in Holland after college, and noted England had far fewer gun deaths United States. "The only difference is, they have gun control in Europe and England," Pagliuca said.
Source: Associated Press in Boston Herald, "33% capital gains Nov 11, 2009

On Tax Reform: Raise federal capital gains tax should from 15% to 20%

Stephen Pagliuca said the federal capital gains tax should be raised from 15 percent to 20 percent, adding that the rich should pay an equitable share of the country's bills. Pagliuca said the tax hike would not deter investment whi the country's $1.5 trillion budget deficit and $13 trillion debt. "If you went crazy and raised the capital gains tax to 30 or 40 percent, yes, it would cut off investment. That would be a very bad thing to do. But in that (lower) create revenue. That revenue comes from the wealthiest Americans," Pagliuca said.

Further strumming a populist chord, Pagliuca said he disagreed with the Bush-era tax cuts. "I think it got too far out of control in terms of squeez class and there were too many breaks, and I didn't believe in the trickle down," he said.

Source: Associated Press in Boston Herald, "33% capital gains Nov 11, 2009

The above quotations are from Columns and news articles distributed by the Associated Press.
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Page last updated: Feb 15, 2019