Publication Date
Fall 2001
Journal
Tax Law Review
Abstract
The article advocates for partial basis indexation as a more effective and theoretically sound approach to addressing issues in income taxation compared to the capital gains preference. It argues that partial indexation better accounts for inflation, reduces the lock-in effect, and provides a more accurate reflection of economic income. While acknowledging potential arbitrage concerns, the analysis suggests that these can be mitigated through specific rules and considerations, ultimately supporting partial indexation as a preferable solution.
Volume
55
Issue
1
First Page
69
Last Page
124
Publisher
New York University School of Law
Disciplines
Criminal Law | Criminal Procedure | Law | Law and Economics | State and Local Government Law | Taxation-Federal
Recommended Citation
Mitchell L. Engler,
Partial Basis Indexation: Tax Arbitrage and Related Issues,
55
Tax L. Rev.
69
(2001).
https://larc.cardozo.yu.edu/faculty-articles/1598
Included in
Criminal Law Commons, Criminal Procedure Commons, Law and Economics Commons, State and Local Government Law Commons, Taxation-Federal Commons
