Capital gains tax

Obsidian Vault

The long-term capital gains tax should be divided by one extra category and should be raised for the higher end.

The 0% capital gains tax maximum income should always be roughly the median income of the group being taxed.

Filing status	0%	7%	14%	20%	32%
Single	$0 t o$ 49,140	$49, 140 t o$ 259,450	$259, 451 t o$ 518,900	$518, 901 t o$ 1,022,200	$1,022,201 or more
Married filing jointly	$0 t o$ 118,300	$118, 300 t o$ 291,875	$291, 876 t o$ 583,750	$583, 751 t o$ 1,076,200	$1,076,201 or more
Married filing separately	$0 t o$ 69,140	$69, 140 t o$ 291,850	$34, 571 t o$ 145,925	$291, 851 t o$ 583,751	$583,751 or more
Head of household	$0 t o$ 78,000	$78, 000 t o$ 551,350	$275, 676 t o$ 551,350	$551, 351 t o$ 1,072,200	$1,072,201 or more
The short-term capital gains tax should be the same percentage as the taxpayer’s largest tax bracket.