The Impact of a Capital Gains Tax Cut: An Analysis of Leading Indicators

Correspondence that discusses the idea of raising the capital gains tax rate as a means to save $50 billion per year on interest on the national debt. It argues that the current capital gains tax loophole encourages speculation rather than productive investments, and that under taxation of capital gains is a major cause of economic problems. The text also includes a chart showing the potential effects of a capital gains tax cut on leading economic indicators. The authors name and address are provided at the end of the text.