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When Serena Saver owns an asset $($such as a share of stock$)$ that rises in value, she has an "accrued" capital gain. If she sells the asset, she "realizes" the gains that have previously accrued. Under the U$.$S$.$ income tax, realized capital gains are taxed, but accrued gains are not.

True or False: Individuals' decisions about whether to keep or sell assets are not affected by this rule.

True

False

Cuts in capital gains tax rates can raise tax revenue if the lower tax rate $$ the volume of trade transactions by a large enough margin.