Hacker News new | ask | show | jobs
by jemfinch 2797 days ago
The top 1% of income earners, perhaps, but not the top 1% of wealth, which largely pays only a 15% long-term capital gains tax.
1 comments

> which largely pays only a 15% long-term capital gains tax

Before or after it was gutted earlier this year?

Oh, it's 20% now for gross income over $425,801? I guess that brings it almost to the rate paid on regular income by earners who make $38,701 per year.