A Reader's Reaction to:
Taxes on Investment Income Remain Too High and Lead to Multiple Distortions by Martin Feldstein.

Summary

Martin Feldstein's recent article on U.S. capital income taxes perpetuates the myth that capital gains are taxed at 15 percent: yet once the AMT, child tax credits and state taxes are taken into account, the top effective rate is at least 35.8 percent.

Recommended Citation

Bohn, Henning (2006) "Letter: How High Is the Top Tax Rate on U.S. Capital Gains?," The Economists' Voice: Vol. 3 : Iss. 7, Article 1.
Available at: http://www.bepress.com/ev/vol3/iss7/art1