Capital gains tax to americans involved in offshore banking
Course:- Microeconomics
Reference No.:- EM13700106

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How do these things affect the U.S market of foreign-currency exchange and on net capital outflow (NCO): A tax reform that imposes higher capital gains tax to Americans involved in offshore banking?

Generalized increase in income tax rates not accompanied by any change in government spending.

A financial reform that sets limits to credit card fees.

A higher real interest rate in a more stable neighbour economy

Unilateral removal of U.S imports quotas.

Political instability.

A deficit-neutral tax incentive for exporting companies

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