Part one of term paper
One of the major obstacles facing all entrepreneurs in the United States when starting a new business or expanding an existing one is raising capital. Here capital refers to money that people invest in a business. Investment and entrepreneurship are the heart and soul of a lively economy. There is no other economic task more important than ...

Part two of term paper
... to allure investments in such ventures. Capital gains taxes significantly diminish these returns, therefore reducing the incentives to invest. Eliminating the capital gains tax will spark entrepreneurship and new investments in the economy, which in turn will elevate economic growth and increase the number of jobs. In order to stimulate economic growth in the United States, taxes on capital gains should be eliminated. Members of Congress once considered a reduction in the capital gains tax ra ...