Tax Review: Adjusting Tax Rules for Inflation: Capital Gains and Capital Income
In this essay, Professor Feldstein emphasizes the need to adjust tax policy toward capital gains to reflect the effects of inflation, in order to achieve a more realistic measurement of capital income that is subject to tax.
Was this page helpful to you?
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?Contribute to the Tax Foundation
Let us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?Give Us Feedback