The Private Advantage of Money-Losing Investments Under Cut-Rate Capital Gains [pts. 1 & 2]

Full Citation

Calvin H. Johnson, The Private Advantage of Money-Losing Investments Under Cut-Rate Capital Gains [pts. 1 & 2], 55 Tax Notes 705, 1125 (1992). [Reprinted in part in The Capital Gains Controversy: A Tax Analysts Reader D-12 (2nd ed.; J.Andrew Hoerner, ed.; Arlington, VA: Tax Analysts, 1992.] https://law.utexas.edu/faculty/calvinjohnson/55tn1125.htm