A capital gains tax [reduction] benefits everyone, not just the rich, because everyone will have more money
Question:
A capital gains tax [reduction] benefits everyone, not just the “rich,” because everyone will have more money to invest or spend in the private economy, resulting in more jobs and increasing prosperity for all. This is certainly better than paying high taxes to a corrupt, self-serving, and incompetent government that squanders our earnings on wasteful and useless programs.
Most of the following selections were taken from letters-to-the-editor columns of news papers and magazines. Identify any fallacies that may be committed, giving a brief explanation for your answer. Then, if a fallacy is identified, discuss the possible factors that led the arguer to commit the fallacy.
Step by Step Answer:
A Concise Introduction to Logic
ISBN: 978-1305958098
13th edition
Authors: Patrick J. Hurley, Lori Watson