Tax Policy Center

capital gains

Business Taxes: TaxVox

Avoiding Biden’s Proposed Capital Gains Tax Hikes Won’t Be So Easy. Or Will It?

President Biden’s American Families Plan would make two big changes in the tax treatment of investment income such as long-term capital gains and dividends. Some...
April 30, 2021Robert McClelland
Individual Taxes: TaxVox

A New Study Suggests Congress Could Raise Money By Increasing Capital Gains Tax Rates To 47 Percent. But There Is A Catch

Democratic presidential candidate Joe Biden has proposed raising tax rates on long-term capital gains income for the highest-income investors.
September 16, 2020Robert McClelland
Business Taxes: TaxVox

Capital Gains Cuts Won’t Cure the Covid-19 Economy

Back in 1991, Saturday Night Live spoofed politicians who see capital gains tax cuts as a panacea. In one sketch, after being frozen for eons,...
May 11, 2020Leonard E. Burman
Campaigns, Proposals, and Reforms: TaxVox

Three Largely Ignored Tax Policy Issues When Taxing The Wealthy

The current debate over wealth taxes mostly focuses on whether the very rich are undertaxed, but gives little attention to the most efficient and fairest...
January 8, 2020C. Eugene Steuerle
Individual Taxes: TaxVox

Don't Try To Mark To Market Capital Gains. Tax Unrealized Gains At Death Instead

Wealth taxation by other means
November 21, 2019Howard Gleckman
: TaxVox

Warren’s Plan To Tax Assets And Returns To Those Assets Is Unrealistic

Democratic presidential hopeful Elizabeth Warren has proposed a number of new taxes on high-income households. Add them up and many of the very wealthiest could pay marginal effective tax rates of more than 100 percent.
November 7, 2019Howard Gleckman
Individual Taxes: TaxVox

"Let Me Tell You About The Very Rich. They Are Different From You And Me.”

F. Scott Fitzgerald wasn’t talking about the way they make their money, or the taxes they pay, but he could have been. According to a...
March 18, 2019Philip Stallworth
Individual Taxes: TaxVox

How Government Tax And Transfer Policy Promotes Wealth Inequality

Federal tax and spending policies are worsening the problem of economic inequality. But the tax breaks that overwhelmingly benefit the wealthy are only part of...
February 5, 2019C. Eugene Steuerle
Business Taxes: TaxVox

Regulation, Kavanaugh, Trump & the Indexing of Capital Gains

The issue of government regulation promulgated by unelected officials is central to many of today’s political and policy debates. It has surfaced in the confirmation...
September 21, 2018C. Eugene Steuerle
: TaxVox

Individuals Pay Very Little Individual Income Tax on Capital Income

Most capital income earned by the wealthy never is taxed at the individual level, in part because assets are often not sold and their gains...
September 6, 2018C. Eugene Steuerle