Page 6 - Leon Labrecque News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Under Biden's proposal, the federal capital-gains tax rate would be as high as 43.4% (including an existing Medicare surcharge), according to a Bloomberg report. "Capital gains would be the highest-tax income we have," according to Leon LaBrecque, an accountant and certified financial planner at Sequoia Financial Group, based in Troy, Michigan. Capital gains tax Investors currently pay a 23.8% top rate on long-term capital gains. That includes a 20% capital-gains tax on assets held in taxable accounts for more than a year. It also includes the 3.8% surtax on net investment income, which was c...

The move marks the single largest addition in the history of the index December 18, 2020 3 MINS The historic addition on Friday of electric vehicle maker Tesla (TSLA) to the S&P 500 Index can and will be analyzed in several ways, but for anyone currently invested in any fund tracking the popular benchmark it effectively amounts to buying high. Beyond the unprecedented significance of the index reconstitution that represents the single largest addition in the history of the S&P 500, and among the largest equity trades in the history of the stock market, there is the reali...