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Subject: Re: Bush tax cut -- and cap gains | Date: 2/6/2001 12:44 PM | |
Author: BoffoMan | Number: 30776 of 888931 | |
It has been my understanding that if a person is in the 15% bracket, then the LTCG rate is only 10%, at least until that person fills the 15% bracket. As a result of my understanding (or misunderstanding), I am very confused by this series of posts. Can someone clarify? Regards, JAFO (who has been fortunate to be outside the 15% bracket for awhile now) Your understanding is quite correct. --Boffo (who has an intimate acquaintance with the 15% bracket as he only recently left graduate school) |
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