Suppose Congress was to increase the top personal tax rate, tp, to 45% from 35%. How would
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Table 4.4
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Required Rt, for n-year holding periocd Period Pre-1981 10.0 1982-1986 10.0 46 .0 1987 1988-1990 10.0 34 28 1991-1992 10.0 34 31 10 20 50 cg 46 70 7.72 7.55 7.37 7.09 6.56 20 11.57 11.32 .06 10.67 10.06 28 14.12 13.56 13.02 . 11.28 28 15.15 14.46 13.82 13.00 11.95 28 14.52 13.88 3.2 2.5 11.49 .28 10.0 40 39 1993-1996 10.0 35 .396 28 12.91 12.40 1.9 .24 10.32 1997-2000 10.0 35 396 20 11.62 11.31 11.02 10.60 9.99 2001-2002 10.0 35 386 2003-2012 10.0 35 35 2013b 18 11.52 11.25 10.99 0.6 10.06 15 11.76 1153 130 10.98 0.51 10.0 35 396 20 11.62 1 .02 10.60 9.99
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Taxes And Business Strategy A Planning Approach
ISBN: 9780132752671
5th Edition
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
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