Retirement Income and the Lifetime Capital Gains Exemption: The Case of Qualified Farm Property and Small Business Corporation Shares
This paper examines the farm and small business LCGE. Our results of the farm LCGE provide only a partial support to the notion that it meets the special retirement needs of farmers. A large majority of the beneficiaries have income sources other than farming; however, many of them are near retirement age, earn relatively lower incomes and have relatively lower contribution rates. The small business LCGE results are quite different. A majority of the beneficiaries are younger and richer. Accordingly, the benefits of this measure seems to have gone to those who do not seem to require additional assistance for their retirement needs.
Year of publication: |
1995
|
---|---|
Authors: | Jog, Vijay M. ; Schaller, Huntley |
Published in: |
Canadian Public Policy. - University of Toronto Press. - Vol. 21.1995, s1, p. 136-158
|
Publisher: |
University of Toronto Press |
Saved in:
Saved in favorites
Similar items by person
-
Finance constraints and asset pricing : evidence on mean reversion
Schaller, Huntley, (1993)
-
A panel data test for mean reversion using ranndomization [randomization]
Schaller, Huntley, (1993)
-
The existence and economic interpretation of mean reversion : evidence from panel data
Jog, Vijay M., (1991)
- More ...