Good question. For the United States, I reference: https://www.investopedia.com/articles/personal-finance/10151...
If you hold one year or more:
Filing Status: Single
0% rate: Up to $40,000
15% rate: $40,000 to to $441,450
20% rate: Over $441,450
In the above, personally, I would like to remove the brackets for 15% and 20%. My point: For anyone beyond middle class, tax capital gains as regular income.
Taxing cgt as income has some negative aspects.
And almost 1/2 mill a year income is not what id call "middle class"
Good question. For the United States, I reference: https://www.investopedia.com/articles/personal-finance/10151...
If you hold one year or more:
Filing Status: Single
0% rate: Up to $40,000
15% rate: $40,000 to to $441,450
20% rate: Over $441,450
In the above, personally, I would like to remove the brackets for 15% and 20%. My point: For anyone beyond middle class, tax capital gains as regular income.