Taxation at the Top: Its Long-Term Effect on the Assets

Niall J. Gannon
Additional contact information
Niall J. Gannon: The Gannon Group

Chapter 10 in Tailored Wealth Management, 2019, pp 93-109 from Springer

Abstract: Abstract This chapter will share a century of data showing the top income tax rates, capital gains rates, estate tax rates as well as the levels that put an investor in the top brackets. The chapter will stress the flexibility that investors must develop in order to own tax-sensitive portfolios, knowing that the rates they will experience along the way are likely to change. We will draw conclusions that taxes are an inescapable part of history. Income tax rates tend to go up during times of war and economic crisis. The wider the gap between income and capital gains tax rates, the more attractive stocks become when compared to taxable bonds. Gifting generally carries less of a tax burden than estate taxes.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-99780-3_10

Ordering information: This item can be ordered from
http://www.springer.com/9783319997803

DOI: 10.1007/978-3-319-99780-3_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().