Demand-side economists criticized the income taxation of capital gains because: a. it discriminated against earned income in favor of investment income. b. they believed the tax to be too high. c. they believed that capital gains should not be taxed at all. d. they believed that it should be taxed higher than earned income.

Demand-side economists have been critical of the taxation of capital gains for a number of reasons,…

Answered: Demand-side economists criticized the income taxation of capital gains because: a. it discriminated against earned income in favor of investment income. b. they…

FINANCIAL ACCOUNTING

10th Edition

ISBN: 9781259964947

Author: Libby

Publisher: MCG

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Solve Please

Demand-side economists criticized the income taxation of capital gains
because:
a. it discriminated against earned income in favor of investment income.
b. they believed the tax to be too high.
c. they believed that capital gains should not be taxed at all.
d. they believed that it should be taxed higher than earned income.

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