Capital Gains Taxation : Effects & Proposals

Zimmerman, Matt T (EDT)/ Curtis, Lyle L (EDT)

Nova Science Publishers Inc（2012/08発売）

• 製本 Paperback:紙装版/ペーパーバック版／ページ数 77 p.
• 言語 ENG
• 商品コード 9781620810767
• DDC分類 336.24240973

Full Description

This book examines the effects and proposals of capital gains taxation. Tax legislation in 1997 reduced capital gains taxes on several types of assets, imposing a 20% maximum tax rate on long-term gains, a rate temporarily reduced to 15% for 2003-2008, which was extended for two additional years in 2006. There is also an exclusion of $500,000 ($250,000 for single returns) for gains on home sales. Some believe that lower capital gains taxes will cost little compared to the benefits they bring and that lower taxes induce additional economic growth, although the magnitude of these potential effects is in some dispute. Others criticise lower capital gains taxes as benefiting higher income individuals and express concerns about the budget effects, particularly in future years.

Contents

Preface; Capital Gains TaxesCapital Gains Taxation; Capital Gains Tax Options: Behavioral Responses & Revenues; Tax Treatment of Long-Term Capital Gains & Dividends & Related Provisions in the President's FY2011 Budget Proposal; Index.NER(01): GB IE