10 ms·

The top 1% of income earners, perhaps, but not the top 1% of wealth, which largely pays only a 15% long-term capital gains tax.

• dorchadas 8y ago
  > which largely pays only a 15% long-term capital gains tax Before or after it was gutted earlier this year?
  • jemfinch 8y ago
    Oh, it's 20% now for gross income over $425,801? I guess that brings it almost to the rate paid on regular income by earners who make $38,701 per year.