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Capital Gains Redux: Why Holding Periods Matter

Cook, Eric W. and O'Hare, John F.

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.

Citation

Cook, Eric W. and O'Hare, John F. (1992), Capital Gains Redux: Why Holding Periods Matter, National Tax Journal, 45:1, pp. 53-76