While I understand your point, it's important to consider that capital gains taxes can discourage investment and economic growth. For instance, consider a small business owner who has invested heavily in their business. If they decide to sell their business after years of hard work and the tax rate on their profit is too high, they may be discouraged from making such investments in the future. This could potentially stagnate economic growth. What could be a possible solution to ensure the rich pay their fair share, but also encourage investment and growth?
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