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capital gains tax
noun
- a tax on the profit made from the sale of an asset CGT
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Example Sentences
He would level the taxes between capital and labor (no more special capital gains tax), and put an end to the “Greenspan put”.
A capital gains tax is a tax on the transfer of capital assets.
It's true: a capital gains tax that is too high can discourage economic transactions.
It is not an outrage that Mitt Romney pays a low capital gains tax.
A capital gains tax is a tax on the transfer of control of assets.
A cut in the capital gains tax increases jobs and helps just about everyone in our country.
And so I'm asking you to cut the capital gains tax to a maximum of 15.4%.
You must cut the capital gains tax on the people of this country.
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