Hi, I need help proofreading my response to the following question. Please help to edit for grammar errors and to strengthen my argument. Please double-check if I have made myself clear and answer the prompt properly. Refer to the attached documents for my response and related notes. Thank you so much for your help.
Prompt:
President Trump is considering a capital gains tax cut. https://www.bloomberg.com/news/articles/2020-08-10/trump-says-he-s-seriously-considering-capital-gains-tax-cut (A capital gains tax is a tax on profits from the sale of investments or properties.) Imagine he asks you to predict revenue changes as a result of the tax cut. You realize that to do so you will need to know how capital gains respond to tax changes. Describe what you could do to estimate such responses.
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