3 ms·
Ah. Thanks for the correction. The information I had must have been dated, looking here[1] it does appear that my information was old (probably from the 2003-20
by stock_toaster 16y ago
Ah. Thanks for the correction. The information I had must have been dated, looking here[1] it does appear that my information was old (probably from the 2003-2007 timeframe). I could have also been misremembering, and in fact the original data was probably comparing income tax to dividends tax. Good thing I am not an accountant!
It does seem that recent changes have again adjusted the tax rate. In fact, based on more information[2], it seems long term capital gains tax is in fact lower (while short term is the same as dividend tax).
[1]: https://secure.wikimedia.org/wikipedia/en/wiki/Dividend_tax#United_States https://secure.wikimedia.org/wikipedia/en/wiki/Dividend_tax#...
[2]: https://secure.wikimedia.org/wikipedia/en/wiki/Capital_gains_tax_in_the_United_States https://secure.wikimedia.org/wikipedia/en/wiki/Capital_gains...
(updated for formatting)