Tagged with deficit

KEEPING WHAT YOU MAKE, A TAXING ISSUE

With April 17th right around the corner, many people have taxes on their mind. What people don’t realize is that we are in one of the lowest tax rate environments that has ever existed. The top tax rate for an individual is currently at 35%. The capital gains rate is at 15%. To give you … Continue reading

A TAXING TIME

A TAXING TIME

Tax rates are at historical lows with capital gains rates at 15% and ordinary income tax rates at 10-35%.  What a lot of people don’t realize is that in times past, capital gains rates have been as high as 77% with the top ordinary income tax rate as high as 94%.  Add to this estate taxes … Continue reading