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Eliminating The Capital Gains Tax
Part 1 of Paper
....ess or expanding an existing one is raising capital.
Here capital refers to money that people invest in a business. Investment and
entrepreneurship are the heart and soul of a lively economy. There is no other
economic task more important than investing one's capital into new ideas and new
enterprises. Therefore cap.... Part 2 of Paper
....al pro-growth step
taken by Congress. However, given the fickle and high risk nature of
investments and entrepreneurships, and the importance of maintaining a
competitive economy in a global environment, capital gains should be exempt from
taxation altogether. A zero percent capital gains tax would attract
entrepreneurial risk taking, which is very important to economic growth. It
would entice wealthy investors to invest in a certain enterprise, which in small
numbers would immensely increa.... |
| Number of words: 772 - Approximate pages: 3 |
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