Capital Gains Tax Reform Hearing Before the Committee On Small Business House
Capital Gains Tax Reform Hearing Before the Committee On Small Business House
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In our eReader you can find the full English version of the book. Read Capital Gains Tax Reform Hearing Before the Committee On Small Business House Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Capital Gains Tax Reform Hearing Before the Committee On Small Business House
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To quickly assess the difficulty of the text, read a short excerpt:
He said half.
Mr. Robbins. Half to two-thirds, in that range, will accrue to people at the highest income levels.
Chairwoman Meyers. That is no surprise, is it.
Mr. Robbins. That is no surprise. That is how they got to higher incomes as a matter of fact.
Chairwoman Meyers. They have the most capital gains. But it doesn't mean they are the only ones that benefit.
Mr. Robbins. It doesn't mean that capital gains are not impor- tant to people with $50, 000 in income and below. In fact, gains are ex...tremely important to them.
Chairwoman MEYERS. It may be more important to those with 40 and 50, 000 a year incomes when they take their 1, 000 a year that they might have in discretionary money and invest it, that might be more important to them than it would to those in the top 1 per- cent.
Mr. Robbins. More importantly, those people in the lower income groups are probably not realizing capital gains each year. They probably realize a gain at a significant time in their life. In other words, they have retired and want to leave the factory they have been working in all their life and move somewhere else.
What to read after Capital Gains Tax Reform Hearing Before the Committee On Small Business House?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Small to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He said half.
Mr. Robbins. Half to two-thirds, in that range, will accrue to people at the highest income levels.
Chairwoman Meyers. That is no surprise, is it.
Mr. Robbins. That is no surprise. That is how they got to higher incomes as a matter of fact.
Chairwoman Meyers. They have the most capital gains. But it doesn't mean they are the only ones that benefit.
Mr. Robbins. It doesn't mean that capital gains are not impor- tant to people with $50, 000 in income and below. In fact, gains are ex...tremely important to them.
Chairwoman MEYERS. It may be more important to those with 40 and 50, 000 a year incomes when they take their 1, 000 a year that they might have in discretionary money and invest it, that might be more important to them than it would to those in the top 1 per- cent.
Mr. Robbins. More importantly, those people in the lower income groups are probably not realizing capital gains each year. They probably realize a gain at a significant time in their life. In other words, they have retired and want to leave the factory they have been working in all their life and move somewhere else.
What to read after Capital Gains Tax Reform Hearing Before the Committee On Small Business House?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Small to read onlineMoreLess
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