Tax Policy Center

capital gains tax rate

: TaxVox

Indexing Capital Gains Could Both Reduce Lock-In and Harm the Economy

In response to my post attempting to shoot down the Trump Administration’s trial balloon re capital gains indexation, a financial advisor wondered if I might...
August 3, 2018Leonard E. Burman
: TaxVox

Indexing Capital Gains via Regulations is Still a Bad Idea

The Trump Administration reportedly is thinking about using its executive authority to redefine capital gains so only returns from the sale of assets in excess...
July 31, 2018Leonard E. Burman
Business Taxes: TaxVox

Should Treasury Index Capital Gains?

National Economic Council chair Larry Kudlow reportedly wants the IRS to redefine capital gains to include only returns from the sale of assets in excess of inflation. Were it feasible, it would make sense to measure all income and expense in real terms. But indexing capital gains alone by executive fiat would make no sense. It would cut capital gains taxes by up to $20 billion a year for the richest Americans and open the door to a raft of new, inefficient tax shelters. And it would do all this without the approval of Congress.
May 10, 2018Leonard E. Burman
Business Taxes: TaxVox

Raise the 15 Percent Tax Rate on Capital Gains To Boost Revenue In A Progressive Way

Republican leaders have several challenges to overcome before they can pass a big tax bill. Here are two: (1) They need revenue to pay for...
October 11, 2017Robert McClelland
Campaigns, Proposals, and Reforms: TaxVox

Investors May Be Waiting For A Tax Cut To Sell But Congress Could Fix The Lock-In Problem

Federal tax receipts have been coming in more slowly than expected, according to the Congressional Budget Office . Through the first eight months of the...
June 16, 2017Steven M. Rosenthal
Individual Taxes: TaxVox

Investors respond to changes in capital gains tax rates, but less than you think

It is conventional wisdom that people adjust their investment patterns in response to upcoming changes in capital gains tax rates: They accelerate their gains if...
February 17, 2017Robert McClelland
: TaxVox

Highway Drama Drives Contingency Planning

Still on the Hill: Extenders and highway funding drama. Today, the Senate Finance Committee is expected to mark-up its proposed restoration of expired tax breaks , and the full Senate plans to hold a procedural vote on highway funding legislation. Congress faces increasing pressure to move quickly
July 21, 2015Renu Zaretsky