Tuesday, November 26, 2013

Long-Term Capital Gains Rates Are Still Lower Than Ordinary Income!

Well, at least for me and most of my readers.  I somehow thought the Obamanation of Desolation had managed to get the lower long-term capital gain tax rates back up to the standard income tax rates, but it turns out that long-term capital gain tax rates are still 15% for most of us, and qualified dividends are at that same rate.

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