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Why Wealthy People Pay Less Taxes Legally

Valuetainment

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Capital Gains Tax - Which One Hurts the Economy the Most?

Capital gains tax will definitely have a downward effect on the market, because people won't want to sell. The corporate rate can raise that 25%. I don't think that hurts a lot. And so what happens is is that at the capital gains tax doesn't raise much money, but it does hurt a lot of people. That was probably the best thing, by the way, that came out of the two thousand 17 act, was the international, the corporate international rules.

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