Keynote Speaker. Jimmy Wayne is a former foster kid turned country music singer/songwriter whose songs and story highlight his mission to bring awareness to kids who age out of the foster system and become homeless.
for those in the 25 to 35 % tax brackets the capital gains tax is 15 % for the wealthiest citizens who fall into the 39 6 % income tax bracket the capital gains rate is still only 20 % assume that in the example above your $ 5000 in investment income is from long term investments held longer than a yearor those in the 25 to 35 % tax brackets the capital gains tax is 15 % for the wealthiest citizens who fall into the 39 6 % income tax bracket the capital gains rate is still only 20 % assume that in the example above your $ 5000 in investment income is from long term investments held longer than a year
Effective Tax Rate. The effective tax rate is how much the corporation paid in taxes on each dollar of the company's net income. Since the United States has different tax rates for different levels of income, the effective tax rate acts as an average tax rate during the year. In 2008, corporations had an effective tax rate of 12.6 percent.