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.
Day: January 7, 2019
THE TWITTERATI
Brexit runs short of time, the US China trade deal goes sideways, but NAB’s Ray Attrill talks about markets that are still optimistic. https://t.co/JIcp8kWG4q
A sticking point on the US China truce has created mild risk off sentiment. NAB’s Rodrigo Catril says we’ve been here before. https://t.co/rBK5LVZ7mO