Search This Blog

Saturday, October 27, 2018

Taxes on Stocks, Bonds and Properties, Increase or Decrease or Abolish

Capital gains are the profits earned from the sale of stocks, bonds, and properties. Investment managers pay a 15 to 20 percent capital gains tax on profits earned from their customers’ holdings. Investing in an economy or you trying to make a better retirement for yourself or family, should not be penalized. Supporters of the increase argue that capital gains should be taxed like any other income and should be raised to at least 31.5% (the average U.S. tax rate). Opponents of an increase argue that taxing capital gains will discourage investments in the U.S. economy and prohibit growth. 

No comments: