Martin Feldstein and his colleagues demonstrated in 1978 that higher tax rates are offset, at least in part, by lower reports of capital income because the timing of realized capital gains is highly discretionary.

Authors

• Person: Eugene Steuerle Organization: Milken Review
  Taxes, Government Transfers and Wealth Inequality

Sources

• Taxes, Government Transfers and Wealth Inequality www.milkenreview.org Eugene Steuerle · Milken Review via serper

Referenced by nodes (3)

• capital income concept
• income tax rates concept
• capital gains concept