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The current maximum capital gains rate is 20percentt.
Memo to Mr. McCain: 401(k) savers get no benefit from a low capital gains rate.
This year's tax cut reduced the capital gains rate further, to 15percentt.
He pays the capital gains rate, even though outside investors provided most of the company's capital.
Such a taxpayer now pays a long-term capital gains rate of just 10percentt.
The long-term capital gains rate is 20percentt, he said.
Money put into a brokerage account is taxed at the capital gains rate, currently 15percentt.
For property held longer than that, the top capital gains rate is 20percentt.
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In America these are taxed at the 15% capital-gains rate, rather than 35% income tax.
(Hensley & Company would presumably be subject to the corporate capital-gains rate of 35percentt, which was not lowered).
However, investors should note that because they hold bullion, the gains are not taxed at the capital-gains rate.
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