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Issues in Economics Today
Issues in Economics Today
Robert Guell, Indiana State University

Taxing the Return on Capital

Web-Based Issues Questions

Question 37.1

Click on these sites

http://www.irs.gov/pub/irs-pdf/f1040sd.pdf

http://www.irs.gov/pub/irs-pdf/i1040sd.pdf

The first is the Capital Gains form and the second is the instructions for that form. Note the long and complicated nature of these and comment on whether “getting it right” is worth the effort.

Question 37.2

Click on this article

http://www.house.gov/jec/fiscal/tx-grwth/gwartney/optimal/optimal.htm

http://www.brookings.edu/views/op-ed/gale/199709.htm

Compare and contrast competing views of the wisdom of capital gains tax cuts. Note that these articles come from think-tanks with very different political viewpoints.





McGraw-Hill/Irwin