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Old 07-21-2012, 05:11 AM
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Join Date: Jul 2012
Posts: 9
capital gains tax increase

hi friends,
If either party sweeps the board then that party may succeed in resolving the budget issue all by itself,capital must gain income from assets held longer than one year are generally taxed at a special long-term capital gains rate. The rate that applies depends on which ordinary income tax bracket you fall under.
The capital must gains increase tax rates, determined by the type of investment asset and the holding period of the asset.
its must here in additional to the federal capital gains tax rates, your capital gains will also be subject to state income taxes.

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Last edited by bakerjohn795 : 10-08-2013 at 11:24 PM.

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