TITLE

The great tax myth

AUTHOR(S)
Alsop, Stewart
PUB. DATE
November 1963
SOURCE
Saturday Evening Post;11/23/1963, Vol. 236 Issue 41, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on a tax quiz based on statistics prepared by the Office of Tax Analysis of the Office of the Secretary of the Treasury. The statistics are derived from taxes actually paid in 1960 by typical taxpayers, married, with two dependents, and with typical dividends, capital gains and other income and typical itemized deductions. One of the questions is related to the population in the United States that pays 91 percent on their incomes.
ACCESSION #
18153521

 

Related Articles

  • Estate & Succession Planning Corner. Richman, Lawrence I. // Journal of Passthrough Entities;May/Jun2014, Vol. 17 Issue 3, p11 

    The article discusses various issues related to estate and succession planning in the U.S. Topics discussed include stabilization of Goods and Services Tax (GST) and estate tax rules by the American Taxpayer Relief Act of 2012 (ATRA), limitations on charitable deduction in the U.S. and 3.8...

  • Views/Talk. Briault, Simon // Cabinet Maker;2/8/2008, Issue 5574, p8 

    The article talks about the issues pertaining cash back and capital gains tax reform in Great Britain. It has been mentioned that Chancellor Alistair Darling's changes to plans to reform capital gains tax are very good news for small businesses after a long campaign by the Federation of Small...

  • Your year-end tax checkup. Revell, Janice // Fortune;11/29/2004, Vol. 150 Issue 11, p224 

    Offers advice on tax moves to help investors save in 2005. Advice to plan any sales of stock carefully; Topic of the long-term capital gains rate; When to sell mutual fund shares; Tax-loss selling; Tactic of selling a stock to lock in the capital loss and then buying it back.

  • CANTITATIV DETERMINATIONS OF THE STOCK CAPITAL EVALUATION. Angela-Eliza, Micu; Mirela, Coita // Annals of the University of Oradea, Economic Science Series;2008, Vol. 17 Issue 3, p344 

    Since this capital gains tax liability is associated with the appraised value of the corporate assets, it is typically called the built-in gains (or BIG) tax liability. The asset-based approach analysis is often performed using the asset appraisal premise of value of: value in continued use, as...

  • Capital Pain. Kinsley, Michael // New Republic;10/29/90, Vol. 203 Issue 18, p4 

    Comments on the budget debate in the U.S. in 1990; Justification by Republicans to their opposition to cuts in Medicare benefits; Proposal by Democrats to exchange higher top-bracket tax rates for a cut in the capital gains tax; Idea to raise marginal rates and then give back the money in the...

  • Capital Gains Reform from the Financial Planning Perspective. Shanney-Saborsky, Regina // Journal of Financial Planning;Oct97, Vol. 10 Issue 5, p28 

    The article focuses on three substantive modifications of capital gains, while referencing the provisions of the Taxpayer Relief Act of 1997 of the U.S. While lower capital gains rates, the exclusion of gains on residences, and the rollover of gains for qualified small businesses are generally...

  • Taxes and Dividend Policy. Talmor, Eli; Titman, Sheridan // FM: The Journal of the Financial Management Association;Summer1990, Vol. 19 Issue 2, p32 

    This article demonstrates that if personal tax rates are constant over time, share repurchases have a tax advantage over dividends, regardless of the investor's portfolio choice and even if realized capital gains are taxed at ordinary income rates. The 1986 Tax Act in the U.S. repealed the tax...

  • Capital Pain. Kinsley, Michael // New Republic;10/29/90, Vol. 203 Issue 18, p4 

    Comments on the budget debate in the U.S. in 1990; Justification by Republicans to their opposition to cuts in Medicare benefits; Proposal by Democrats to exchange higher top-bracket tax rates for a cut in the capital gains tax; Idea to raise marginal rates and then give back the money in the...

  • WAR OPTIONS.  // New Republic;10/15/90, Vol. 203 Issue 16, p7 

    Comments on the growing likelihood that the United States will wage war against Saddam Hussein's Iraq in Kuwait. Moves by U.S. president George Bush to prepare Congress for war; Intransigence of Hussein about leaving Kuwait; Adverse effect of the United Nations embargo on Kuwait's populace;...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics