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Richard Morrison in manager of communications for the Tax Foundation.
Raising Taxes on Investment Income Could Cost 1.3 Million Jobs, Shrink Economy by 6.3%
July 31, 2013, 2:18 PM EDT
Ending the reduced tax rates on capital gains and dividends, one of many options being considered as part of major tax reform legislation, could deal a dramatic blow to the U.S. economy and actually end up losing revenue for the Treasury.