How are capital gains taxed? Q.How are capital gains taxed? A.Capital gains are profits from the sale of a capital asset, such as shares of stock, a business, a parcel of land, or a work of art. Capital gains are generally included in taxable income, but in most cases are taxed at a lower rate. Read more about How are capital gains taxed?
How might the taxation of capital gains be improved? Q.How might the taxation of capital gains be improved? A.Taxing capital gains at the same rates as ordinary income would simplify the tax system by removing major incentives for tax sheltering and other attempts to manipulate the system. Read more about How might the taxation of capital gains be improved?
How might the taxation of capital gains be improved? Q.How might the taxation of capital gains be improved? A.Taxing capital gains at the same rates as ordinary income would simplify the tax system by removing major incentives for tax sheltering and other attempts to manipulate the system. Read more about How might the taxation of capital gains be improved?
