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2006 Capital Gain Rates

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    2006 Capital Gain Rates

    Will the 2006 capital gain rates still be 15% for most people selling stock they owned for more than a year?

    Thanks.
    Doogie

    #2
    The 15% capital gain rate will apply in 2006, 2007, and 2008. The sunset of the law applies to tax years beginning after December 31, 2008, unless Congress extends the provision.

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      #3
      Capital Gain

      Remember, for tax year 2008 the 5% maximum capital gain tax rate (for taxpayers in the 10% or 15% tax brackets) will drop to 0%.

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