Question

What are the various types of gains and losses and their tax ramifications? Do you agree...

  • What are the various types of gains and losses and their tax ramifications?
  • Do you agree or disagree with the taxation of capital assets (for a business and for a shareholder)?
  • Why?
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Answer #2

Long-term capital gains are taxed at a lower rate than short-term gains. This is to provide more incentive to invest in the companies that build the economy, rather than trying to generate quick profits by speculating on stocks.Long-term capital gains are taxed at a lower rate than short-term gains.Taxation on gains from bonds share some characteristics with gains from stocks, but also have many differences.Interest payments on qualifying municipal bonds are not subject to any federal, state, or local taxes, and are often deemed triple tax-free.

Taxes on capital gains also need to be separated from taxes on dividends from investments. Dividends on a stock are distributions of a company's earnings. These distributions to investors have separate tax laws applied to them

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