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> The US has the lowest effective individual capital tax rates in the world outside of tax shelter countries. The capital gains rate in the UK is 20%. https:
by harryh 5y ago
> The US has the lowest effective individual capital tax rates in the world outside of tax shelter countries.
The capital gains rate in the UK is 20%.
https://www.gov.uk/capital-gains-tax/rates https://www.gov.uk/capital-gains-tax/rates
The top capital gains rate in the US is 23.8% + state taxes.
- gamblor956 5y agoThe top US capital gains tax is 20%. The 3.8% is a separate tax... That being said, I'm taking about effective (i.e. Actual tax liabilities) and you are all focusing on theoretical liabilities without understanding that the tax bases are different. It's honestly not worth the effort to keep correcting all the GUD in this thread.
- harryh 5y ago> The top US capital gains tax is 20%. The 3.8% is a separate tax A tax on, among other things, capital gains. See: https://www.irs.gov/newsroom/questions-and-answers-on-the-net-investment-income-tax https://www.irs.gov/newsroom/questions-and-answers-on-the-ne... "8. What is included in Net Investment Income? In general, investment income includes, but is not limited to: interest, dividends, capital gains..."