Estimate of President's Budget Proposal for a Reduction in Taxes On Capital Gains Jcx-2-89
Estimate of President's Budget Proposal for a Reduction in Taxes On Capital Gains Jcx-2-89
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The second line presents the estimated revenue effect which - would result from moving the effective date of this propSsaf from January 1, 1989, to July 1, 1989. The third line presents the estimated revenue effect which results from excluding cSllectLles nrif ?'^fi^^^^ property from the proposal. The f our tS line bls?r Sf the'ho?^"" ^"^^t of the lengthening, on a phaseS-in basis, or the holding period. The fifth line estimates the effect eli^ibTi r'' '"^ additional 100 percent exclusion to th...ose eligible taxpayers with adjusted gross income less than $20,000.
Projected Revenue Effect (Billions of Dollars) Item 1. 45% Exclusion 2. Effective Date 3. Exclusion of Certain Asset Types 4. 3-Year Holding Period 5. Exclusion for Certain Taxpayers Total Revenue Effect Fiscal Years 1989 1990 1991 0.3 0.3 0.2 0.0 0.6 -6.2 1.8 0.0 1.3 0.0 2.7 0.0 -0.1 -0.4 -0.4 0.7 3.3 -4.0 1992 -8.9 0.0 2.9 0.1 -0.5 -6.4 1993 -9.8 0.0 3.1 0.3 -0.5 -6.9 1989-94 1994 -11.6 0.0 3.2 -1.9 -0.5 -10.9 -24.2 fo.™%Se^°b.1lriie%^?^^Sf ^.^L'^^reltZ^S?' "^^^ '' °"' ""''='■ -3- We have not estimated the revenue effect for years beyond 1994 because the CBO baseline does not extend beyond that date.
What to read after Estimate of President's Budget Proposal for a Reduction in Taxes On Capital Gains Jcx-2-89?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The second line presents the estimated revenue effect which - would result from moving the effective date of this propSsaf from January 1, 1989, to July 1, 1989. The third line presents the estimated revenue effect which results from excluding cSllectLles nrif ?'^fi^^^^ property from the proposal. The f our tS line bls?r Sf the'ho?^"" ^"^^t of the lengthening, on a phaseS-in basis, or the holding period. The fifth line estimates the effect eli^ibTi r'' '"^ additional 100 percent exclusion to th...ose eligible taxpayers with adjusted gross income less than $20,000.
Projected Revenue Effect (Billions of Dollars) Item 1. 45% Exclusion 2. Effective Date 3. Exclusion of Certain Asset Types 4. 3-Year Holding Period 5. Exclusion for Certain Taxpayers Total Revenue Effect Fiscal Years 1989 1990 1991 0.3 0.3 0.2 0.0 0.6 -6.2 1.8 0.0 1.3 0.0 2.7 0.0 -0.1 -0.4 -0.4 0.7 3.3 -4.0 1992 -8.9 0.0 2.9 0.1 -0.5 -6.4 1993 -9.8 0.0 3.1 0.3 -0.5 -6.9 1989-94 1994 -11.6 0.0 3.2 -1.9 -0.5 -10.9 -24.2 fo.™%Se^°b.1lriie%^?^^Sf ^.^L'^^reltZ^S?' "^^^ '' °"' ""''='■ -3- We have not estimated the revenue effect for years beyond 1994 because the CBO baseline does not extend beyond that date.
What to read after Estimate of President's Budget Proposal for a Reduction in Taxes On Capital Gains Jcx-2-89?
You can find similar books in the "Read Also" column, or choose other free books by United States. Congress. Joint Committee On Taxation to read onlineMoreLess
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