Rethinking How We Score Capital Gains Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rethinking How We Score Capital Gains Tax Reform write by Natasha Sarin. This book was released on 2021. Rethinking How We Score Capital Gains Tax Reform available in PDF, EPUB and Kindle. We argue the revenue potential from increasing tax rates on capital gains may be substantially greater than previously understood. First, many prior studies focus primarily on short-run taxpayer responses, and so miss revenue from gains that are deferred when rates change. Second, the composition of capital gains has shifted in recent years, such that the share of gains that are highly elastic to the tax rate has likely declined. Third, focusing on capital gains tax collection may understate fiscal spillovers from decreasing the preferential tax treatment for capital gains. Fourth, additional base-broadening reforms, like eliminating stepped-up basis and making charitable giving a realization event, will decrease the elasticity of the tax base to rate changes. Overall, we do not think the prevailing assumption of many in the scorekeeping community--that raising rates to top ordinary income levels would raise little revenue--is warranted. A crude calculation illustrates that raising capital gains rates to ordinary income levels could raise $1 trillion more revenue over a decade than other estimates suggest. Given the magnitudes at stake, scorekeeping procedures employed in evaluating capital gains should be made more transparent and be the subject of external professional debate and review.
How Capital Gains Tax Rates Affect Revenues
How Capital Gains Tax Rates Affect Revenues - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Capital Gains Tax Rates Affect Revenues write by . This book was released on 1988. How Capital Gains Tax Rates Affect Revenues available in PDF, EPUB and Kindle.
Explanation of methodology used to estimate proposals affecting the taxation of income from capital gains
Explanation of methodology used to estimate proposals affecting the taxation of income from capital gains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Explanation of methodology used to estimate proposals affecting the taxation of income from capital gains write by United States. Congress. Joint Committee on Taxation. This book was released on 1990. Explanation of methodology used to estimate proposals affecting the taxation of income from capital gains available in PDF, EPUB and Kindle.
Statements on Economic Effects of Changes in the Taxation of Capital Gains
Statements on Economic Effects of Changes in the Taxation of Capital Gains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Statements on Economic Effects of Changes in the Taxation of Capital Gains write by United States. Congress. Senate. Committee on Finance. This book was released on 1978. Statements on Economic Effects of Changes in the Taxation of Capital Gains available in PDF, EPUB and Kindle.
Capital Gains: Tax Reform and You
Capital Gains: Tax Reform and You - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capital Gains: Tax Reform and You write by Canada. Department of National Revenue. Taxation Division. This book was released on 1972*. Capital Gains: Tax Reform and You available in PDF, EPUB and Kindle.