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.
For example, from 1982 to 1986, 60 percent of long-term capital gains were excluded from tax. Since the top tax rate on ordinary income was 50 percent, this implies a top effective tax rate on capital gains of 20 percent. Before 1978, capital gains were subject to different tax rates as well as an exclusion.