bewellplus.gsu.edu
playergirl8 playergirl8
  • 12-12-2014
  • Business
Answered

Most investment returns in the U.S. are currently taxed at a 15% rate. Therefore, investors lose 15% of their returns to pay the cost of taxes. If the government reduces this tax to 5%, which effect will most likely result?

Verified Answer :

garyaustin1021
garyaustin1021 garyaustin1021
  • 14-12-2014

The lower classes in society will be taxed more to cover the difference.

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