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Biden Capital Gains Tax Rate Would Be Highest in OECD

TweetShareSharePin0 Shares President Biden’s proposal to tax capital gains at higher, ordinary income tax rates would lead the U.S. to have the highest top marginal tax rate on capital gains in the Organisation for Economic Co-operation and Development (OECD). The proposal would tax long-term capital gains as ordinary income for taxpayers with taxable income above

Biden Capital Gains Tax Rate Would be Highest for Many in a …

TweetShareSharePin0 Shares, which exhausted both regular earnings as well as funding gains at a 28 percent price (by reducing the leading average revenue tax obligation and also increasing the funding gains tax obligation). A leading funding gains price of 43.4 percent would certainly match the leading common earnings tax obligation price of 39.6 percent plus
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