Monday, November 21, 2011
The Richest 0.1 Percent Of Americans Make Half Of All Capital Gains
The Richest 0.1 Percent Of Americans Make Half Of All Capital Gains: pThe preferable treatment that investment income receives in the tax code is one of the factors driving the income inequality and galvanizing the Occupy Wall Street movement. Because the capital gains tax is capped at 15 percent, “anyone making more than $34,500 a year in wages and salary is taxed at a higher rate than [...]/p
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