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Support Fair and Simple Capital Gains Taxes
The capital gains tax is a fee that the federal government imposes on profits made from the sale of assets such as real estate, stock, the sale of businesses, collectibles, and other assets with increased value—the “gain.” Capital gains taxes become due when one sells an investment. Long-term capital gains are taxed at 0 percent, 15 percent, and 20 percent. Discussions surrounding raising the capital gains tax have gained traction amongst lawmakers, as well as President Joe Biden. A capital gains tax increase could harm investment in start‐ups and growth companies, and it could undermine entrepreneurship. 
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