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[1] [2] The initiative would have repeal SB 5096, which created a 7% capital gains tax on the sale of long-term capital assets (i.e. stocks, bonds and business interests) worth more than $250,000 in Washington state since 2021. Real estate sales are already exempt from the tax.
The 2014 United States elections were held on Tuesday, November 4, 2014, in the middle of Democratic President Barack Obama's second term. A typical six-year itch midterm election suffered by most second-term presidents, this election saw the Republican Party retaining control of the House of Representatives and winning control of the Senate, while furthering their gains in the governorships ...
From 1998 through 2017, tax law keyed the tax rate for long-term capital gains to the taxpayer's tax bracket for ordinary income, and set forth a lower rate for the capital gains. (Short-term capital gains have been taxed at the same rate as ordinary income for this entire period.) [ 16 ] This approach was dropped by the Tax Cuts and Jobs Act ...
Maximum long-term capital gains rates stood at around 25 percent after World War II, but rates began to rise following passage of the Tax Reform Act of 1969. The law, signed by Republican ...
For the highest earners — those with taxable income above $1 million and investment income above $400,000 — the long-term capital gains tax rate could reach 44.6% with a combination of proposals.
Most long-term capital gains will see a tax rate of no more than 15%, though certain assets (like coins and art) can be taxed at a rate up to 28%. Depending on your income, you may even qualify ...
The top marginal tax rate on long-term capital gains of 20%, provided for under the expiration of the 2003 portion of the Bush tax cuts, was retained. This was an increase from the 2003–2012 rate of 15%. [4]
2008 United States presidential election ← 2004 November 4, 2008 2012 → 538 members of the Electoral College 270 electoral votes needed to win Opinion polls Turnout 61.6% 1.5 pp Nominee Barack Obama John McCain Party Democratic Republican Home state Illinois Arizona Running mate Joe Biden Sarah Palin Electoral vote 365 173 States carried 28 + DC + NE-02 22 Popular vote 69,498,516 ...