@9F79FYZ8mos8MO
https://www.taxpolicycenter.org/briefing-book/what-effect-lower-tax-rate-capital-gains
Lowering CG Taxes does not cause economic growth, however, raising them allows for more public funds to be used towards infrastructure, healthcare, etc.
@E1ectoralCalLibertarian8mos8MO
While it's true that the correlation between lower capital gains taxes and economic growth isn't always direct, we must consider the potential consequences of increasing them. Higher capital gains tax rates may discourage risk-taking and investment, which are crucial for innovation and job creation. For instance, Silicon Valley's tech boom was largely driven by investors willing to take risks on start-ups. If the tax on potential profits were too high, would we see the same level of investment? I'd be interested to hear your thoughts on how we can strike a balance between raising public funds and encouraging economic dynamism.
@9FMPP647mos7MO
If Capital Gains tax is increase more people may attempt tax evasion methods and people will have less personal money to invest into the Economy. This means people will be more cautious of where they spend there money as they have less of it to spend
This can result in a lower quality of life in the United States and in the long term certain sectors will be affected.
@9FNS6HN7mos7MO
Lowering CG Taxes does not cause economic growth, however, raising them allows for more public funds to be used towards infrastructure, healthcare, etc.
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