The United States places a relatively high burden on long-term capital gains income (gains on assets held for more than one year). The top federal tax rate is 20 percent. In addition, taxpayers with AGI over $200,000 ($...
- Video: MyTaxBurden.org on Fox News Channel's "S...
Video: MyTaxBurden.org on Fox News Channel's "Special Report with Bret Baier"
Tax Foundation President Scott Hodge was interviewed on Fox News Channel's "Special Report with Bret Baier" July 28, 2010 about the expiring Bush tax cuts and www.mytaxburden.org, where people can calculate their federal income tax burdens if the Bush tax cuts expire vs. if they're extended.
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