January 1, 1979

Tax Review: Adjusting Tax Rules for Inflation: Capital Gains and Capital Income

Martin S. Feldstein

Martin S. Feldstein

Download Tax Review: Adjusting Tax Rules for Inflation: Capital Gains and Capital Income

Executive Summary
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?

Yes!
No

Thank 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

Topics

About the Author

Martin S. Feldstein

Related Research

U.S. Top Combined Integrated Tax Rate on Corporate Income Would Become Highest in the OECD

Tax Policy in the First 100 Days of the Biden Administration

Joe Biden’s 61 Percent Tax on Wealth

Federal Individual Income Tax: Exemptions and Treatment of Dividends (1913-2021)

Federal Capital Gains Tax Collections, Historical Data (1954-2018)

Biden’s Proposed Capital Gains Tax Rate Would be Highest for Many in a Century