ZINC Overview Information. Zinc is a metal. It is called an âessential trace elementâ because very small amounts of zinc are necessary for human health. Zinc is used for treatment and prevention of zinc deficiency and its consequences, including stunted growth and acute diarrhea in children, and slow wound healing.
The tax appeal of the long-term capital gains tax rate is that it is generally much lower than what you pay on your regular income. Under ATRA, that could be as high as 39.6 percent for wealthier taxpayers. In fact, it is a taxpayer's income level that generally determines which capital gains rate applies.
Capital Gains Tax: This is a tax on the profit made from the sale of an asset. Itâs most commonly cited when it comes to profits made from selling stocks. If you buy a share of Stock A at $10 and then sell it for $15 you have a $5 capital gain. You must pay taxes on this gain. Currently, the United States has a favorable tax treatment of capital gains thanks to the Bush tax cuts, however those are likely to be allowed to expire.