The Pomp Letter
The Pomp Letter
Harris Proposes 28% Long-Term Capital Gains Tax Rate
0:00
-2:26

Paid episode

The full episode is only available to paid subscribers of The Pomp Letter

Harris Proposes 28% Long-Term Capital Gains Tax Rate

1

To investors,

The current long-term capital gains tax rate is set at 20% in the United States. The goal with this tax is to find a balance between incentivizing long-term investment, while capturing revenue for the US government.

This is why the long-term tax rate is lower than ordinary income.

The critique has long been that a long-term capital gains tax…

This post is for paid subscribers