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。

youdao

That's a policy proposal that's been around a long time: it's sometimes been called a negative income tax.

BBC: Should we forget about growth?

The effect on GDP would be negative, just as it would for proposed expansions of the income-capped refundable Earned Income Tax Credit, and the refundable part of the child credit.

WSJ: Opinion: Corporate Tax Cuts Needed