Does raising tax rates on capital gains raise revenue? (user search)

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Does raising tax rates on capital gains raise revenue? (search mode)

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Topic: Does raising tax rates on capital gains raise revenue? (Read 3333 times)

Grumpier Than Uncle Joe
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Re: Does raising tax rates on capital gains raise revenue?

« on: April 13, 2012, 09:33:32 AM »

Hasn't the IRS itself admitted when the rate goes down revenues increase?

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Grumpier Than Uncle Joe
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	Re: Does raising tax rates on capital gains raise revenue? « Reply #1 on: April 13, 2012, 09:51:21 AM »
	« Edited: April 13, 2012, 09:57:01 AM by Grumps »

Quote from: Torie on April 13, 2012, 09:41:22 AM

Quote from: Grumps on April 13, 2012, 09:33:32 AM

Hasn't the IRS itself admitted when the rate goes down revenues increase?

On capital gains? I don't know. Find a link Grumps! Do it now!

When I get a chance. I remember also hearing this from some former IRS people.....the logic being, the rich don't need to pay the tax, they'll hold on to whatever is the subject of the tax until the tax rate is more favorable. It made sense when they told me.......I'll try and find a link.

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