ANSWERS: 2
  • the relationship between economic growth and capital gain tax is positive, the higher the capital gain tax collected the hihger the income to the government the higher the capital accumulated.
  • John Kennedy knew. He said "The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy." Barack Obama needs to be made to write this on the chalkboard 1000 times.

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