Fiscal Cliff Deal Could Mean Capital Gains Hike
Posted on AllSides November 13th, 2012
From The Right
Washington negotiations over the so-called fiscal cliff have made many investors nervous.
Congress and the White House must reach a deal before Jan. 1 to cut the deficit -- a deal that could include higher taxes on capital gains, dividends, and other investments.
Taxes on capital gains, including profits from stocks, could go from 15 to 25 percent, and taxes on dividends could go from 15 to 43 percent.
The
