Capital gains tax – a failed experiment in growth
Taxing capital gains less than income tax encourages risk taking and entrepreneurship, which spurs economic growth. So the theory goes.
Taxing capital gains less than income tax encourages risk taking and entrepreneurship, which spurs economic growth. So the theory goes.
Banking fears have fallen away and the focus is back on central banks. NAB’s Ray Attrill is asked how far will they go now and why is the market at odds with them? https://podfollow.com/nab-morning-call
How does the world change if transactions in the US dollar shrink as BRICs nations prefer to trade in their own currency. And can the west grow without investment from those countries? @profstevekeen on this week’s Debunking Economics podcast: https://podfollow.com/debunking-economics-the-podcast