In July 2018, President Trump was considering cutting taxes on capital gains amounting to approximately $100 billion
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In July 2018, President Trump was considering cutting taxes on capital gains amounting to approximately $100 billion and allowing taxpayers to account for inflation when calculating tax dues on capital gains. In what ways would you expect such a policy to be favorable to economic growth?
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Reducing taxes on capital gains and allowing taxpayers to account for inflation when calculating tax liabilities on capital gains can have several pot...View the full answer
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Related Book For
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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