Capital gains under the personal income tax
Problem: Discuss the current tax treatment of capital gains under the personal income tax. Why do some economists argue that reduction in the rate of taxation and capital gains can actually increase tax revenue collected from such gains?
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Go to this in-class Economics lecture by Dr. Yoram Bauman and write your thoughts on what he presented. Dr. Bauman answers this question - "What do we need governments for?" Give your answer.
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Discuss the current tax treatment of capital gains under the personal income tax. Why do some economists argue that reduction in the rate of taxation and capital gains can actually increase tax revenue collected from such gains?
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Given the major housing boom that contributed to economic growth in the US from 2003 through 2008, some of the revenues that local governments received were from development impact fees.
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