3 ms·
Yep, nothing on top of the Fed side, https://taxfoundation.org/how-high-are-capital-gains-tax-rates-your-state/ https://taxfoundation.org/how-high-are-capital-
by mrkstu 7y ago
Yep, nothing on top of the Fed side,
https://taxfoundation.org/how-high-are-capital-gains-tax-rates-your-state/ https://taxfoundation.org/how-high-are-capital-gains-tax-rat...
"The state with the highest top marginal capital gains tax rate is California (33 percent), followed by New York (31.5 percent), Oregon (31 percent) and Minnesota (30.9 percent).
The nine states with no personal income tax (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming) have the lowest rate in the United States (25 percent)."
Hmmm... interesting that the article disagrees with you on NH.
Further research shows they do not currently tax capital gains, but that they are looking into adding one:
https://www.watchdog.org/new_hampshire/new-hampshire-house-mulling-imposition-of-percent-capital-gains-tax/article_281b2756-443d-11e9-be38-3347e5abf203.html https://www.watchdog.org/new_hampshire/new-hampshire-house-m...
- the_watcher 7y agoWhy is the top Texas blended (state + local + federal) capital gains tax rate 25%, despite the federal top rate being 23.8% and Texas having no state capital gains rate? This seems consistent across all no capital gains tax states, so it can't be a local rate, right?