Name:   GoneFishin - Subject:   Wrong??????? Date:   7/21/2021 11:07:25 AM (updated 7/21/2021 11:23:17 AM)

I was simply responding to HOUND.....

Your post is wrong as it refers to the increase in the marginal rate for ordinary income. Here is the increase for both ordinary and capital gains.....Note the difference is that the capital gains increase applies to the top 1% as you defined with incomes over $700,000.

Raise the top marginal income tax rate from 37 percent to 39.6 percent, which would apply to income over $452,700 for single and head of household filers and $509,300 for joint filers. 

Tax long-term capital gains and qualified dividends as ordinary income for taxpayers with taxable income above $1 million, resulting in a top marginal rate of 43.4 percent when including the new top marginal rate of 39.6 percent and the 3.8 percent Net Investment Income.

Economic illiteracy and  repeating the lies of Alex Jones, Hannity, and Tucker is no virtue.  Read the article below and learn something.

        JUST FOR MARTINI