An example of a flight data recorder; the underwater locator beacon is the small cylinder on the far right. (Translation of warning message in French: FLIGHT RECORDER DO NOT OPEN) The warning appears in English on the other side.
1 Long-term gains are treated much better. 2  Long-term gains are taxed at 15% or 20% except for taxpayers in the 10% or 15%t bracket. 3  For low-bracket taxpayers, the long-term capital gains rate is 0%. 4  There are exceptions, of course, since this is tax law:.
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.