Some People Can't Count

January 1980
National Review;1/4/1980, Vol. 32 Issue 1, p16
The article comments on an editorial about the economic impact of a cut in capital gains tax implemented in the U.S. in 1978, which was published in the New York Times. It outlines the main points raised by the editorial, which essentially argued that the tax cut had no effect on the economy. Then, it presents statistics which show that the tax cut had an impact on real business investments, number of incorporations and stock values.


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