Title:Capital Gains Redux: Why Holding Periods Matter
Authors:Eric W. Cook, John F. O'Hare
Citation:45 National Tax Journal 53-76 (March 1992)
Abstract:Changes in the tax rate on capital gains have profound effects on the volume of gains individuals choose to realize. While much of the recent policy debate has focused upon the magnitude of taxpayer response, this paper investigates the mechanism that underlies it - changes in the holding period of capital assets.

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