A Capital Gains Tax Cut: The Key to Economic Recovery
by Stephen Moore, Phil Kerpen on 10/11/2001
28 Pages
A capital gains tax cut would reliably stimulate economic growth. Historically, there is a strong relationship between capital gains tax cuts and overall economic growth. Over the past 30 years, every time the capital gains rates have been cut, capital gains revenues have risen. And now that almost half of all Americans own stock, a capital gains tax cut can no longer be said to benefit only “the rich.”
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