| 来源类型 | Research Report |
| 规范类型 | 报告 |
| Investor Responsiveness to Capital Gains Taxes During the Great Recession | |
| Timothy Dowd; Robert McClelland; Jacob A. Mortenson | |
| 发表日期 | 2019-09-10 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 概述 | This paper uses a large panel of transaction-level capital asset sales data to investigate whether tax responsiveness varies with economic conditions. We estimate the tax elasticity associated with a large notch in the capital gains tax schedule, when the tax treatment changes from higher, ordinary income tax rates to lower, preferential tax rates. We estimate this elasticity for each year from 2007 to 2012. |
| 摘要 | This paper uses a large panel of transaction-level capital asset sales data to investigate whether tax responsiveness varies with economic conditions. We estimate the tax elasticity associated with a large notch in the capital gains tax schedule, when the tax treatment changes from higher, ordinary income tax rates to lower, preferential tax rates. We estimate this elasticity for each year from 2007 to 2012. Surprisingly, these elasticities were highest during the throes of the financial panic.
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| 主题 | Taxes and Budget |
| URL | https://www.urban.org/research/publication/investor-responsiveness-capital-gains-taxes-during-great-recession |
| 来源智库 | Urban Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/480724 |
| 推荐引用方式 GB/T 7714 | Timothy Dowd,Robert McClelland,Jacob A. Mortenson. Investor Responsiveness to Capital Gains Taxes During the Great Recession. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| investor_responsiven（1179KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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