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The Fifteen Percenters

When asked what his tax rate is, Romney responded "15%." No surprise, this is the rate for dividends and long term capital gains. This isn't likely to go away, as those with money make big donations to the campaigns of the congressfolk who make these laws. Thus the old line, "Is that a congressman in [...]

The Zero Percent Cap Gain Rate

In 2008, the (long term) capital gains rates dropped. If you are in the 10% or 15% marginal bracket, your capital gain rate drops from 5% in 2007 to 0% (yes, zero!) from 2008-2010. For those in the 25% bracket or higher, the rate remains 15%. In 2011, these rates revert back to the pre-2003 [...]

New Capital Gains Rates

In 2008, the (long term) capital gains rates dropped. If you are in the 10% or 15% marginal bracket, your capital gain rate drops from 5% in 2007 to 0% (yes, zero!) from 2008-2010. For those in the 25% bracket or higher, the rate remains 15%. In 2011, these rates revert back to the pre-2003 [...]