Implications of a Lower Capital Gains Tax Rate in the United States.
This paper reviews the literature on the revenue implications of a lower capital gains tax rate in the United States. The existing empirical research indicates that the timing of realizations is sensitive to tax changes but is inconclusive on the long-run revenue implications. No study claims that t...
Corporate Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1989.
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Series: | IMF Working Papers; Working Paper ;
No. 1989/100 |
Online Access: | Full text available on IMF |