For the Capital income tax rate, no matter in short-term or in long-term, it has a negative effect on investment rate and economic growth, so is the accumulated effect.

对资本收入征税，无论在短期还是长期都不利于投资率和经济增长率的提高，长期累积效应为负。

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Firms that finance this equipment with borrowed money may end up paying a negative tax rate on the deal.

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While Americans were arguing about Reaganomics in the 1980s, Swedish households were enjoying a negative tax rate on capital income, once generous deductions and adjustments for inflation were taken into account.

ECONOMIST: Economics focus

Such a high tax rate has long-term negative implications for the economy, for people save and invest less.

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