U.S. Capital Gains Tax Rates
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top capital gains tax rateSmartAsset
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Business & Economics
Capital Gains Taxes Around the Globe: What Diversified Investors Should Know
91% Informative
Currently, the top U.S. capital gains tax rate applied to assets held more a year is 20% .
Denmark has the world’s highest rate at 42% levied by Norway .
Many countries levy no tax on capital gains, while others tax them at the same rate as ordinary income.
A 2023 study by British researchers suggested higher capital gains taxes reduce innovation.
Proposals to raise capital gains tax rates by Kamala Harris would put the top rate closer to its historical norm.
Higher capital gains taxes may inhibit saving, reduce overall economic activity and discourage innovation.
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