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tax treatment of capital gains, capital gains deferral, capital gains deferrals, Joe Biden's capital gains tax proposal, Biden capital gains tax proposal, Biden's tax proposal, realizations fall when capital gains tax rates rise

JCT Report Shows Capital Gains are Sensitive to Taxation

JCT’s report on capital gains elasticities reminds us that capital gains realizations, at least under a tax system that allows deferral, are sensitive to tax rates. Moving to mark-to-market taxation of all capital gains would remove this sensitivity by taxing capital gains annually.

4 min read
OECD harmful tax practices, FHTP, OECD BEPS, OECD Base Erosion and Profit Shifting

OECD Tackling Harmful Tax Practices

Countries around the world often design their tax policies to become attractive targets for foreign investment. These policies can be anything from a system with special preferences for certain industries to a well-designed tax system based on principles of sound tax policy. Systems that are rife with special preferences and complexities can create distortions in local jurisdictions and across the global economy.

3 min read
marriage penalty, marriage tax penalty in their tax brackets,

Does Your State Have a Marriage Penalty?

A marriage penalty is when married couples filing jointly face a higher effective tax rate than they would if they filed as two single individuals with the same amount of combined income.

2 min read