With dividends and capital gains receiving preferential rates, as opposed to being taxed as ordinary...
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Accounting
With dividends and capital gains receiving preferential rates, as opposed to being taxed as ordinary income, analysts argue this is causing the budget deficit to increase in the United States. What are the arguments for the preferential rates to these forms of income? Who do you think benefits the most from these and do you agree with preferential rates to these passive forms of income? Explain your position.
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