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Text File  |  1993-02-17  |  800b  |  19 lines
  1. REV-21 TAX CAPITAL GAINS FROM HOME SALES
  2.  
  3.                                 Annual Added Revenues
  4.                                 (Billions of dollars)             Cumulative
  5. Addition to          -----------------------------------------    Five-Year
  6. CBO Baseline         1994     1995      1996     1997     1998     Addition
  7. ---------------------------------------------------------------------------
  8.  
  9. Tax 30 Percent
  10. of Gain                0.6      6.5       6.8      7.2      7.5       28.6
  11.  
  12. Tax Lifetime Gains in
  13. Excess of $125,000     0.1      0.5       0.5      0.6      0.6        2.3
  14.  --------------------------------------------------------------------------
  15.  
  16. SOURCE:  Joint Committee on Taxation.
  17.  
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  19.