Eliminating The Capital Gains Tax One of the major obstacles facing all entrepreneurs in the United States when starting a new business or expanding an existing one is raising capital. Here capital refers to money that people invest in a business. Investment and entrepreneurship are the heart and soul of a lively economy. There is no other economic task more important than investing one's capital into new ideas and new enterprises. Therefore capital raised from one person or a group of professional investors remains a crucial source of funding for these type of enterprises. In the type of economic world which is present today the opportunity for good returns on a person's money must be in abundance to allure investments in such ventures. Capital gains taxes significantly diminish these returns, therefore re....

Number Of Pages: 3

Number Of Words: 787

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