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
The employee tax rate for social security is 6.2%. The employer tax rate for social security is also 6.2% (12.4% total). The Social Security portion of the tax is capped each year at a maximum wages subject to Social Security. The employee tax rate for Medicare is 1.45% (amount withheld). The employer tax rate for Medicare tax is also 1.45% (2.9% total).