A Prospective Capital Gains Tax Reduction Would

A prospective capital gains tax reduction would:

A) have a smaller inframarginal effect on risk taking than would a similar reduction in the standard capital gains tax rate.
B) reduce government revenues by more than would a similar reduction in the standard capital gains tax rate.
C) have the same marginal effect on risk taking as would a similar reduction in the standard capital gains tax rate.
D) reward past risk taking more than future risk taking.