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Eliminating The Capital Gains Tax
Beginning of paper
One of the major obstacles facing all entrepreneurs in the United States
when starting a new business 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 inve ....
Middle of paper
....ment, 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 increase the economic growth in the United States. In
t.... |
| Word count: 772 |
Page count: 3 |
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