Europe's Choice: Growth or Safety Net
Submitted by Grunden Financial Advisory, Inc on March 26th, 2010When President Bush passed tax cuts in 2003 and 2006, the long-term capital gains rate decreased from 20% to 15% for a specified period of time. These rates applied to investors in the 25% tax bracket or above. For investors in the 10% to 15% tax bracket, the long-term capital gains rate is actually 0%.