Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
You are asking what Congress will do. How can anyone know?

So far I'm hoping the "over $400k/yr" promise will keep the 15%capital gains rate for most of us. But there is no guarantee.

The end of stepped up basis (suggested but not yet before Congress) could have many of us paying those penalty capital gain rates as estate taxes. That seems the greatest threat.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.