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Essay

Eliminating The Capital Gains Tax

Essay specific features

 

Issue:

Business

 

Written by:

Tina T

 

Date added:

October 26, 2016

 

Level:

 

Grade:

B

 

No of pages / words:

3 / 783

 

Was viewed:

10145 times

 

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Essay content:

Therefore capital raised from one person or a group of professional investors remains a crucial source of funding for these type of enterprises. In the type of economic world which is present today the opportunity for good returns on a person's money must be in abundance to allure investments in such ventures...
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Capital gains taxes significantly diminish these returns, therefore reducing the incentives to invest. Eliminating the capital gains tax will spark entrepreneurship and new investments in the economy, which in turn will elevate economic growth and increase the number of jobs. In order to stimulate economic growth in the United States, taxes on capital gains should be eliminated...
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