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 ta…

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 ta…
asked 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?

asked
User Zeno
by
8.4k points

1 Answer

0 votes
The lower classes in society will be taxed more to cover the difference.
answered
User Keon
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

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 meant by data mining ?
Link Copied!