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To: SeekAndFind
According to the nonpartisan Tax Foundation, pegging the capital gains tax to inflation would add approximately $22 billion to the U.S. economy over the long run, boost after-tax incomes by 0.2 percent on average, and create an additional 21,800 full-time equivalent jobs.

Over the long run? How long? 10 years? Then this isn't growth, it's a rounding error. So who will this really be benefitting?

5 posted on 07/30/2019 9:25:33 AM PDT by DoodleDawg
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To: DoodleDawg

I have a 40 yr old asset [that won’t be taxed by exemption], but also a few really long term investments, though small in size, it’s the Principal [that will be taxed...].


8 posted on 07/30/2019 9:39:33 AM PDT by Paladin2
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