Archive for the ‘Capital Gains’ Category
The cause: most of his income comes in the form of capital gains (taxed at a top rate of 15%), not ordinary income (with a top rate of 35%). Many liberals lament this disparity — that investment income is more lightly taxed than wages.
First, the 2001 and 2003 tax cuts are scheduled to expire. If that happens, the regular top rate on capital gains will rise to 20%. In addition, an obscure provision of the tax code, the limitation on itemized deductions, will return
First, the 2001 and 2003 tax cuts are scheduled to expire. If that happens, the regular top rate on capital gains will rise to 20%. In addition, an obscure provision of the tax code, the limitation on itemized deductions, will return
The cause: most of his income comes in the form of capital gains (taxed at a top rate of 15%), not ordinary income (with a top rate of 35%). Many liberals lament this disparity — that investment income is more lightly taxed than wages.
The cause: most of his income comes in the form of capital gains (taxed at a top rate of 15%), not ordinary income (with a top rate of 35%). Many liberals lament this disparity — that investment income is more lightly taxed than wages.