منابع مشابه
Inflation, Holding Gains and Saving
The author is Head of the Economic Statistics and National Accounts Division in the Economics and Statistics Department. An earlier version of this paper was presented at the International Conference on Economic Policy and National Accounting in Inflationary Conditions held at the University of Bergamo in January 1984. The views expressed are those of the author and should not be attributed to ...
متن کاملCapital Gains Taxation and Entrepreneurship
The taxation of capital gains is a perennial issue in tax policy. One critical aspect for understanding the overall effects of capital gains taxation is how these taxes affect entrepreneurs. While many analyses focus on the disincentive effects created by capital gains taxes for investors in large corporations, these disincentives may be even more important for entrepreneurs. This paper discuss...
متن کاملHarvesting capital gains and losses
Monte Carlo simulations are used to demonstrate that a very attractive tax-based trading strategy is to realize all capital losses, using excess losses to offset realized gains to rebalance the portfolio. This strategy increases the mean and median return by taking advantage of the tax-deductibility of losses, and mitigates risk by allowing low-cost portfolio rebalancing. This portfolio rebalan...
متن کاملForecasting Capital Gains Realizations
As an input to its estimates of federal revenues, the Congressional Budget Office (CBO) requires an estimate of capital gains realizations in the current calendar year and forecasts of realizations for the next 10 years. The purpose of our study is to improve the accuracy of the current-year estimates. As background, we describe the models and methods that CBO now uses and briefly mention model...
متن کاملCapital gains taxes on housing ¤
Recent years have seen large swings in house prices in many countries. Motivated by housing price variations, proposals for taxing capital gains (nominal or real) on housing have repeatedly been put forth. The idea seems to be that such taxes would curb the redistribution occurring between those owning houses and those trying to get into the market for owner-occupied housing. Our paper shows th...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 1969
ISSN: 0034-6527
DOI: 10.2307/2296339