Obama or Romney, Higher Capital Gain Rates Hit Soon

It is common knowledge that the 15% rate on long-term capital gains expires December 31, 2012. Will it be extended as it was two years ago? Maybe, but it’s unlikely. That means in just a few months, you will pay 20% on long-term gains, right?

http://www.forbes.com/sites/robertwood/2012/10/03/obama-or-romney-higher-capital-gain-rates-hit-soon/

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