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This is a free sample preview of the essay
Eliminating The Capital Gains Tax
Beginning of essay
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 ....
Middle of essay
....e wealthy investors to invest in a certain enterprise, which in small
numbers would immensely increase the economic growth in the United States. In
the Wall Street Journal the U.S. Commission on civil rights said, "Reducing the
tax on capital gains effectively increases the flow of financial 'seed corn' to
budding entrepreneurs." Also, from a global perspective, the United States has
one of the biggest capital gains tax rate. Depending on inflation, sometimes
the United States has the largest .... |
| Number of words: 772 |
Approximate pages: 3 |
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