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Capital-Gains Tax Rate Chasm Separates Trump, Biden

Capital-Gains Tax Rate Chasm Separates Trump, Biden

Postby smix » Sat Aug 15, 2020 5:38 pm

Capital-Gains Tax Rate Chasm Separates Trump, Biden
Wall Street Journal

URL: https://www.wsj.com/articles/capital-ga ... 1597409062
Category: businessNews
Published: Fri, 14 Aug 2020 08:44:00 -0400

Description: President Trump’s Republican administration is seeking a 15% rate on capital gains on investments, down from today’s 23.8%, while his Democratic rival Joe Biden would raise the top rate to 39.6% to match taxes on ordinary income.
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