Register
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
145k views
4 votes
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?

User Zeno
by
8.4k points

1 Answer

0 votes
The lower classes in society will be taxed more to cover the difference.
User Keon
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!