Which of These Is Not an Argument Against Taxing Capital

question 15

Multiple Choice

Which of these is not an argument against taxing capital gains at a much lower rate than income is taxed?

• A)Lower capital gains taxation, even 0%, might be necessary to induce people to take the significant risks needed to grow an economy.
• B)Lower taxes on capital gains may be fair, as there is inherent risk and individuals also faces losses, but 0% is never acceptable.
• C)Many wealthier Americans end up paying a lower overall tax rate than do middle- and low-income Americans.
• D)Wealthier Americans should pay a larger percentage of taxes on all income.

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