Tax Policy Center

Step-up in basis

Individual Taxes: TaxVox

The Many Ways To Tax The Rich

How to tax the rich? Let us count the ways. New taxes on capital income? Higher income tax rates? A wealth tax? Some mash-up of...
March 31, 2022Howard Gleckman
: TaxVox

Biden Would Close Giant Capital Gains Loopholes—At Least For The Rich

President Biden has proposed to tax capital gains earned by high-income households more like other income. This is a significant reform that would close loopholes...
April 28, 2021Leonard E. Burman