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I'm pretty sure he was paying cap gains. You're quoting the ordinary income rate.
by jacoblyles 14y ago
I'm pretty sure he was paying cap gains. You're quoting the ordinary income rate.
- deleted 14y ago[deleted]
- myrandomcomment 14y agoClinton era tax for Capital Gains was 39.5%.
- jacoblyles 14y agoNope: http://en.wikipedia.org/wiki/File:Maximum_Federal_Tax_Rate_on_Long_Term_Capital_Gains_(1972_-_2012).jpg http://en.wikipedia.org/wiki/File:Maximum_Federal_Tax_Rate_o...
- rprasad 14y agoThe chart shows that you are both right. The marginal rate was 39.5%, then dropped as part of Clinton's deal with the House Republicans in his second term.
- jacoblyles 14y agorecheck your axes readings