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6min chapter
Raising the Capital Gains Tax, and Creating Better Simpler Strategy
After Hours
Why Should We Have a Lower Capital Gains Tax?
The tax system, just like all the other federal systems we have in place. Its not just designed to be purely instrumental. It's also designed to reflect our value system as a nation. The argument that this is ayto insantivize companies to make long term investments,. i think i's a really weak argument. If you think the tax system is only about revenue, nothing matters? But it's not right for bono who gets the benefit from something that feels very special when we don't need it. Andme: I would resist felix on the first point of deffits - if capital gains taxes don't matter, then we don't really need them.
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