A researcher found that when the capital gains tax rate declined, the average bequest size fell as

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A researcher found that when the capital gains tax rate declined, the average bequest size fell as well. How does the tax treatment of capital gains in the United States explain this relationship?

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Public Finance and Public Policy

ISBN: 978-1429278454

4th edition

Authors: Jonathan Gruber

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Question Posted: Apr 25, 2015 07:46 AM

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A researcher found that when the capital gains tax rate declined, the average bequest size fell as

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A high capital gains tax rate creates a deterrent to selling assets When an asset is sold ...View the full answer

Public Finance and Public Policy

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