The United States should abolish the Capital Gains Tax.

The order will be framework, opponents case then mine. Both of us are utilizing an economic framework, therefore vote on economic issues. Start off with their first subpoint about Unpopularity. We have 2 responses. First, acknowledge that their entire first subpoint bases itself on taxes in general, we are debating capital gains taxes. Therefore making any warrant or card they read about popularity essentially worthless because they aren't addressing the actual issue of the topic. We aren't arguing that we abolish all income tax, we are arguing that we abolish the economically harmful capital gains tax. Next, there is no impact to this. Sure, every American wants increased taxes on the rich. But our entire case has no focus on the ultra-rich. It talks about the ordinary small businesses that make up most of the jobs. We solve better for the average citizen, therefore, making any of their arguments about popularity essentially worthless. Therefore; you can turn this popularity point because by helping millions in need, especially small buisnesses, we actually gain more popularity because of this. Let's go their second subpoint about the Midterms. We have 2 responses. First, their entire warrant relies on the fact of the GOP Tax bill is unpopular. Considering as Business Insider reports in 2018 has a favorability rating of 63% with the American people, this is just plain false. Not to mention, this argument isn't topical because it's not talking about the CGT, just the GOP Tax bill. Second, they are excessively optimistic about the "blue wave". As TexasMonthly tells us in 2018 any claim of a democratic wave across house and senate really has no impact. Marginal increases within Democratic voters do not translate into the claim they put forth. Now, let's go to their impacts. Their first impact is about a complicated tax code. We have 3 responses. First, their warrant doesn't apply. Again, we are not debating the GOP tax plan. Unless you can read a card saying abolishing a capital gains tax is the same as the GOP Tax Plan that released a couple months ago, their entire case essentially falls. Second, even if we were debating the GOP Tax plan, this isn't true. As the Heritage tells us in 2018 the proposed plan would vastly simplify the tax code by eliminating a host of unnecessary and inefficient provisions designed to benefit special interests. Therefore, any impact is plainly untrue. Third, even if you buy into their complicated tax code, it's nonunique. As NPR explains in 2015, every tax code so far has been filled with complicated rhetoric and provisions, so unless we see their impacts in the squo they just aren't there. Their second impact is about gridlock. First, recognize this talks about a overcomplicated tax code. We have already debunked that above. Second, gridlock is normal. A simple tax reform bill won't do anything compared to Washington's Democratic mess, especially since FIAT would allow the affirmative to do it anyway. Make them show you how a capital gains tax specifically would cause these host of issues because they don't. Now let's go back to my case. Extend our first piece of evidence that Forbes Magazine notes in 2017: small businesses are the backbone of the American economy, as they makeup 99% of all firms and over half of the employment. Therefore, our impacts have a farreaching impact on the Economic Status and livelihood of America. Extend our subpoint about Venture Capitalism because we have an extremely logical link: Ernst Young in 2015 of the Alliance for Savings and Investment reports that the capital gains tax discourages venture capitalism funding due to the high costs for a small reward. Paul Gompers of Harvard University also tells us that a 1 percent decrease in the capital gains tax increases venture capitalism by 3.8 percent. That's extremely important because as we read in case 20$ of Small Businesses are funded by venture capitalists. Extend our point about investment. As Eric Toder tells us in case, if we want to be any competition within the world economy, we have to support our small businesses. We can only do that by abolishing this dreadful tax. Investment is key, and on the world stage, as Todd Mason tells us, we have 10% higher than the OECD average. As Aneel of MIT tells us by increasing jobs availability we immediately help those in need, especially those in poverty. Our impact is jobs; jobs are key because they create a sustainable and longer lasting economic powerhouse within the USA. Vote on jobs, vote on lives, vote neg.