Estimates of Administration Proposals for Family Savings Accounts And for Ira Withdrawals Made By First-Time Home Buyers Jcx-7-90
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These lower real levels would necessarily restrict the use of FSAs to people with real incomes substantially lower than those enjoyed by eligible taxpayers during the years covered by the revenue estimate.
JCX-7-90 Page 4 Finally, the performance of investments held in an FSA will directly affect the revenue cost of the FSA proposal, since higher yielding assets held in an FSA will result in greater revenue cost. It is expected that investors will attempt to hold high-yield, tax-disfavored (ful...ly taxable if not held in a specially treated account) assets in their FSAs . Generally, high-yield assets are characterized by a relatively high degree of uncertainty regarding their eventual realized outcome. Given that risk premiums (the expected return above that for riskless assets) often change over time, the expected yields for these assets (and hence the eventual revenue impacts of the FSA proposal) are inherently unpredictable.
Waiver of excise tax on IRA withdrawals by first-time home buyers For the period immediately following fiscal year 1995, the revenue losses could be expected to be similar in size to the ^ 1995 level.
What to read after Estimates of Administration Proposals for Family Savings Accounts And for Ira Withdrawals Made By First-Time Home Buyers Jcx-7-90?
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:
These lower real levels would necessarily restrict the use of FSAs to people with real incomes substantially lower than those enjoyed by eligible taxpayers during the years covered by the revenue estimate.
JCX-7-90 Page 4 Finally, the performance of investments held in an FSA will directly affect the revenue cost of the FSA proposal, since higher yielding assets held in an FSA will result in greater revenue cost. It is expected that investors will attempt to hold high-yield, tax-disfavored (ful...ly taxable if not held in a specially treated account) assets in their FSAs . Generally, high-yield assets are characterized by a relatively high degree of uncertainty regarding their eventual realized outcome. Given that risk premiums (the expected return above that for riskless assets) often change over time, the expected yields for these assets (and hence the eventual revenue impacts of the FSA proposal) are inherently unpredictable.
Waiver of excise tax on IRA withdrawals by first-time home buyers For the period immediately following fiscal year 1995, the revenue losses could be expected to be similar in size to the ^ 1995 level.
What to read after Estimates of Administration Proposals for Family Savings Accounts And for Ira Withdrawals Made By First-Time Home Buyers Jcx-7-90?
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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