Cut capital gains - now!(capital gains tax should be reduced) (Column)

USA Today MagazineVol. 124 Nbr. 2604, September 1995

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Summary


Reducing the capital gains tax will benefit all Americans by providing incentives for investment and economic growth and allowing capital to flow freely to new uses. Cutting the tax rate will increase economic prosperity and bring in more revenues.

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Cut capital gains - now!(capital gains tax should be reduced) (Column)

ACCORDING TO the spring edition of the Internal Revenue Service's Statistics of Income Bulletin, issued June 7, 1995, total individual income taxes were $501,200,000,000 for 1993, passing the half-trillion-dollar mark for the first time. This was a 5.3% increase from 1992, when total in...

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