Lightner, Teresa; Ricketts, Robert C.; Wilkinson, Brett R. - In: Advances in taxation, (pp. 53-72). 2008
We analyze cumulative abnormal returns (CARs) around key events leading up to the passage of JGTRRA to determine whether a reduction in the individual tax rate on dividend income affects stock prices, and if so, whether that effect differs for different groups of firms. In general, we find that...