CancerSlayer wrote: enriquesuave wrote: Speaking to a tax lawyer yesterday who didn't think it would pass, but you never know. Paying over 50% taxes on salary is more than enough. So hopefully we just pay taxes on only 50% of any Capital gain.
fecats wrote: Technically not law yet but if passed retroactive to June I believe. Man it's going to hurt TLT shareholders a lot . Hate it
Americans can certainly count their lucky stars... 0% Rate: Single filers: Up to $48,350
Married filing jointly: Up to $96,700
Head of household: Up to $64,750
15% Rate:
Single filers: $48,351 to $533,400
Married filing jointly: $96,701 to $600,050
Head of household: $64,751 to $566,700
20% Rate:
Single filers: Over $533,400
Married filing jointly: Over $600,050
Head of household: Over $566,700