Ninety-two percent of capital gains tax benefits go to white families

Evidence

BACK TO NOTE REFERENCE 111 “This disparity is driven by the preferential rates for capital gains, 92 percent of the benefits of which accrue to White families.” — Dorothy A. Brown, Getting to Reparations, 1211

Categorization

• XREF: Central evidence for the wealth accumulation mechanism in the tax code that the book identifies as saturated-system harm.