How will the capital gains tax change in 2011?

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poisenberry | 1 year, 9 months ago

One of the changes Bush implemented was an adjustment to the tax brackets themselves. The Economic Growth and Tax Relief Reconciliation Act of 2001 introduced a 10% tax bracket and the brackets themselves were lowered. The 28% bracket was lowered to 25%, the 31% went to 28%, etc. If we assume the pre-cut brackets along with the pre-cut capital gains rates,

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wastedspace | 1 year, 9 months ago

http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
There's a table at the beginning of the article.

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ariashley | 1 year, 9 months ago

In 2011, the maximum long-term capital gains tax rate goes back up to 20 percent from 15 percent. A lower 10 percent tax rate is used by individuals who are in the 15 percent tax bracket. Their long-term capital gains had been tax-free since 2008.

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bklynjs | 1 year, 8 months ago Report

And now the party is over. Which is going to fuel a sell-off in the market before the end of the year causing a dip in the market.

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