Watch the assigned video. After watching, discuss the pros and cons of taxing capital gains at a lower rate than income. Consider (1) should the corporate tax rate be lowered or raised?; (2) should capital gains tax be increased?; (3) would raising the capital gains tax have any effect on investment?; (4) how would an increase or decrease in investment affect the economy?; and (5) does any of this have any effect on the equitable distribution of wealth and should we care whether there is an equitable distribution of wealth?
Watch the video on youtube from a CNBC report entitled “People on Left and Right can agree on damaging corporate tax rate: Policy Analyst.”
Copy and past this into your web-browser. This is not a live link.