Choosing When to Pay Capital-Gains Taxes

Abstract: Capital gains tax rates in the U.S. change frequently. However, most theoretical work assumes that capital earnings are taxed every period at a constant rate. How does the variation in capital gains taxes over time affect investment behavior? Additionally, the answer to this question has significant implications for how capital gains tax rate changes affect tax revenues.

Read the full article here (pdf)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s