Capital Gains Tax May Go as High as 43.8%
Palma Financial Services

Capital Gains Tax May Go as High as 43.8%

A 43.8% capital gains tax rate is here.

That’s right – president Biden is eyeing a new tax increase that would raise the tax rate as high as 43.8%. We reported this information late last year and it’s leaking to the media now. The new proposed tax hike would raise the top capital gains tax rate to 43.8% (Cap Gains + NIIT)

Three Rates

There are three rates for capital gains: 0%, 15%, and 20%.

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Sikander Lodhi (Money Doctor) FRC, RSSA, CFEd.

Father | Veteran | Helping to build & protect wealth for families!

3 年

Miguel, thanks for sharing! Great point of view.

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Patrick S.

Solving seemingly impossible problems

3 年

Protection form Biden's tax plan https://youtu.be/xd95Gz-zoKk

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