A recent study found that taxing capital gains and dividends as ordinary income, subject to a maximum 28% rate on long-term capital gains (the pre-1997 rate), could finance a cut in the corporate-tax rate from 35% to 26%. Such a change would reduce corporations’ incentives to move investments abroad or shift profits to low-tax jurisdictions, while increasing the progressivity of tax outcomes by shifting more of the burden of corporate taxation from labor to capital owners.
一项最新的研究发现，对资本利得和股票红利像正常收入一样课税（按1997年之前的标准，长期资本利得税率最高不超过28%）可以补偿公司税率从35%削减至26%。这样的变化能够减弱公司将投资移向海外或将利润源移向抵税地区的激励，同时将更多的公司税负担由劳动力移向资本所有人，从而增加税收结果的累进性质。