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Posts Tagged ‘Capital Gains’

Public Service Announcement: There Is No Health Care Tax on Home Sales

Posted in Budget, Taxes, tagged , , , on April 2, 2012 | 3 Comments »

The 2010 health reform legislation introduced a new 3.8% tax on the net investment income of high-income taxpayers. That tax, which I suspect you will hear more about in coming months, goes into effect on January 1, 2013. This tax raises important policy issues, not least of which is whether Congress should give the name [...]

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Capital Gains Taxes Are Going Up

Posted in Budget, Taxes, tagged , , on January 24, 2012 | 3 Comments »

The top tax rate on long-term capital gains is currently 15%. That’s why Mitt Romney is spending so much time talking about his tax returns. That revelation has set off a familiar debate about whether that low rate is appropriate. Often overlooked in these discussions, however, is the fact that the days of the 15% [...]

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