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Re: RobotDroid post# 37403

Thursday, 04/29/2021 8:43:07 PM

Thursday, April 29, 2021 8:43:07 PM

Post# of 43794
Robot, I found this:

"Biden’s plan is expected to call for a 39.6% top tax rate on long-term capital gains, up from the current 20%. The tax would apply to returns on assets held more than a year and to taxpayers with more than $1 million in income.

When combined with a Medicare surtax on investment earnings, the top federal capital-gains tax rate would be 43.4%."

https://www.cnbc.com/2021/04/27/biden-capital-gains-tax-plan-could-raise-113-billion-if-step-up-is-killed.html
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