About Mr. Capital Gains
Mark A. Bloomfield is president and CEO of the American Council for Capital Formation (ACCF) and its economic policy think tank (www.accf.org). Mark is also a founding director of the International Council for Capital Formation (www.iccfglobal.org) based in Brussels. These organizations are dedicated to encouraging economic growth through sound tax, regulatory, environmental, and trade policies.
ABC World News called Mark “a well-connected spokesman for American business.” BBC Worldwide News describes him as “a clear, knowledgeable analyst of the economic scenery and global situation.”
The Economist magazine recognized him as a “lobbyist for lower taxes on capital.” The Wall Street Journal twice profiled Mark – once on his “25-year quest for lower taxes on saving and investment,” and again as “Mr. Capital Gains.” Robert Novak, the nationally syndicated pundit, said:
“Mark Bloomfield is president of one of Washington's most influential economic policy think tanks. Well-schooled in the arts of both economics and politics, he is one of the most influential figures operating behind the scenes in the Congress."
Mark lectures, writes, and comments on politics and economics. He has appeared before committees of the U.S. Congress, corporate boards, and civic groups and been interviewed on all the major networks, including public affairs programs such as “The News Hour” with Jim Lehrer and “Larry King Live,” and been quoted widely in the American and international press. Mark is a commentator on American politics and economics for BBC World Service. He is a co-editor or contributor to six books on tax and economic policy including The U.S. Savings Challenge: Policy Options for Productivity and Growth and The Consumption Tax: A Better Alternative.
Mark is well known in the nation's capital for hosting “ACCF Economic Policy Evenings,” which Senator Lieberman calls “Washington’s last salon.” At these evenings, Mark brings together a small group of influential Members of Congress, prominent journalists, business leaders, and ambassadors to discuss politics and economic policy.
BBC observed “Mark is head of an economic think tank by day and a mega-runner in between.” He has run 26 marathons and 12 ultra marathons around the world, including the Comrades Ultra Marathon (89 km over grueling terrain) in South Africa. As part of the Comrades 80th anniversary in 2005, Mark was selected as Comrades “1st Ambassador to the United States.” The Hill, a newspaper covering the U.S. Congress, profiled Mark as “The Ambassador: Mark Bloomfield is part wonk, part endurance athlete.” Mark has run the JFK 50 Miler (“America’s Ultra Marathon”), the “original marathon” in Athens and marathons in Boston, New York, Chicago, Paris, London, Prague and Sofia. He has written for or been written about in Runners World and Ultra Running magazine.
Mark is a “Fuel Belt Sponsored Athlete.” Fuel Belt is the world’s leading manufacturer of hydration belts and accessories geared towards endurance athletes. He is also sponsored by “Road ID,” the premier manufacturer of safety identification for the endurance sport community. The University Club of Washington D.C. awarded Mark the “Renaissance Award” for his contribution to athletic excellence.
Mark received a Juris Doctor from the University of Pennsylvania Law School, a Masters in Business Administration from the Wharton School, and a Phi Beta Kappa from Swarthmore College.
For three decades, Mark Bloomfield has been an expert commentator on "Politics and Economic Policy on the Potomac." He serves as President and CEO of the American Council for Capital Formation, a Washington-based economic policy business group dedicated to encouraging economic growth through sound tax, regulatory, environmental, and trade policies.
"...to marshal more venture capital for more new industries -- the kind of efforts that begin with a couple of partners setting out to create and develop a new product -- we intend to lower the maximum capital gains tax rate."
"The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced in new ventures in obtaining capital, and thereby the strength and potential for growth of the economy."
