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Controversy Over Capital Gains Tax

October 08, 1989

The rationalization for the cut in capital gains tax is that it is another way for the economy to grow. If this type of economy must grow in order to thrive (or exist) then we might as well cash in the chips right now. There will inevitably come a time when growth is no longer possible.

The cut in capital gains tax is just another gift to the rich, let's call it like it is. Lies too will come back to haunt us.

JAMES STONE

Fresno

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