Long term the higher rates probably will result in more taxes collected

Reader comment on: Timing Capital Gains

Submitted by David in Cal (United States), Mar 21, 2014 11:01

Although 2013 capital gains tax collected may be lower than 2012's, that's mostly due to a 1 time shift -- selling certain appreciated assets in 2012 rather than 2013. Capital gains taxes collected in 2014 and subsequent will probably be higher at the current higher rate than they would have been at the lower rate.

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The Future of Capitalism replies:

The linked-to editorial Charles Gibson's Finest Hour makes a similar point.

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