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Raise capital-gains rates?

EconoMeter looks at Hillary Clinton's idea

Roger Showley, SAN DIEGO UNION-TRIBUNE

Friday, July 31, 2015

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Kelly Cunningham, National University System
Answer: NO

The slowest job recovery since World War II results from too little business investment in new plants, equipment and business start-ups. Already taxed on corporate profits, capital gains are currently double taxed. Despite being key to job growth, Clinton’s proposal would inexplicably further hike taxes on investment and exact huge penalties on movement of old capital to new ventures. Further increasing taxes on capital gains is incredibly ill-advised and would cause investment and job growth to further stagnate.