Season 1 · Episode 132
Capital gains tax – a failed experiment in growth
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
January 7, 201926m 3s
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Show Notes
There’s a theory, in many conventional government and economic circles, that lowering capital gains tax will increase investment. By taxing capital gains at less than income tax it encourages risk taking and entrepreneurship, which spurs economic growth. Phil Dobbie asks Prof Steve Keen whether that argument have any credibility or is it nothing more than a tax dodge?
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