The Taxation Of Capital

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This important contribution to tax analysis presents seven related theoretical essays that examine the effects of capital income taxation on the behavior of fir
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Feldstein shows how systems of taxation influence the rate and nature of capital formation--key to the development of any economy. His identification of importa
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This report investigates policy considerations in the taxation of capital gains of individuals and design features of capital gains tax systems.
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Few issues in tax policy are as divisive as the capital gains tax. Should capital gains--the increase in value of assets such as stocks or businesses--be taxed
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Capital gains taxes pose a host of technical and political design problems and yet, while the literature on the theory of capital gains taxation is substantial,