Tuesday, May 06, 2008

Capital Gains Tax & The Middle Class

Q: Would raising the capital gains tax rate hit the middle class?

A: More than 80 percent of all capital gains income went to those making more than $200,000 a year in 2006. Very few making under $50,000 would be affected by any increase in the top capital gains rate.

Read an in depth analysis at factcheck.org

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