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Replace Capital Gains tax with a tax policy that strongly favors domestic (US) reinvestment. It used to be that when people had capital gains, any lower rate meant investors would naturally invest here at home. Today's multi-national corporations freely locate plants abroad at expense of US jobs, to avoid taxes, and to dodge labor and environmental regulation. The US citizenry shouldn't be subsidizing such practices. Tax breaks should reward and encourage trends we want/need.

Submitted by Kent Pitman in Taxes & Budget Jan. 10, 2015, 12:30 p.m.
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#1354
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