Proposal: To Raise Capital Gains Tax in US
Nowadays, many countries is dealing with the danger of create yearly federal or state
budgets. Surely, it is not an easy thing; likewise, it knows to start a loud debate across the
country. A very effective tool for politicians, to collect as much money as they can, is to
increase taxes. Actually, people are afraid of taxes. Is it really good idea to increase capital
gain taxes? First of all, inflation is a serious danger why not to increase raise in capital
gains tax. Secondly, the raise in capital gains tax can cause that country can loose its
competitivnes worldwide. Lastly, growth of domestic companies can be significantly slow
down by an uplift in capital gain tax.
First of all, inflation is a serious danger why not to increase raise in capital gains tax.
Overally, inflation is a serious factor that needs to be count in each part of economy.
Inflation distorts all aspects of the taxation of personal income but is particularly harsh on
the taxation of capital gains. When corporate stock or any other asset is sold, current law
requires that a capital gains tax be paid on the entire difference between the selling price
and the original cost even though much of that nominal gain only offsets a general rise in