Policy Watch: Cutting Capital Gains Taxes
回顾了1922至1986年间美国长期资本利得税优惠的历史，并围绕削减该税是否影响联邦收入、谁受益最多以及能否改善经济绩效三个核心问题展开讨论。
From 1922 to 1986, long-term capital gains were taxed at lower rates than other income, generally by allowing a portion of long-term capital gains to be excluded from taxable income. While taxing capital gains at the same rates as other income has been hailed by some as a major accomplishment of tax reform, it has been criticized by others as one of its main flaws. As a result, there have been proposals each year since 1986 to restore some type of capital gains preference. These proposals have sparked a lively debate centered on three main questions: Would reducing the capital gains tax lower or raise federal revenues? Who benefits most from cutting the capital gains tax? Would lower tax rates on capital gains improve economic performance?