Quote:
Originally Posted by LongArm
I believe the plan is to raise the LT cap gains rate on families making over $250k/year only.
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Quote:
Originally Posted by Jason28
Yeah that too. But no really do a google search on capital gains taxes and Obama's plans. I believe by the end of next year the capital gains taxes even on long term holds will go up to 20%.
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LOL. Maybe, but as I just said, the plan is for long term rates to be raised on the WEALTHY ONLY. For most people, the capital gains rates will remain the same.