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capital gain
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capital gain


Congress is voting on whether to increase the rate of the capital gains tax.
  the amount by which the selling price of an asset exceeds the purchase price
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capital gains capital gain
Notes:
Most people encounter capital gains for the first time when they sell stock or a home. Capital gains are often taxed at a different rate than wages because it is thought that the money with which the asset was purchased was taxed prior to purchasing the asset. For tax purposes, the gain is not "realized" until the asset is sold.
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  • Congress is voting on whether to increase the rate of the capital gains tax.
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Associated words [difficulty]:   capital gain , capital [1] , capitalism [2] , capital expenditure [9] , Individual Retirement Account (IRA) [3] , bond [4] , financial commodities [5] , stock [7] , mutual fund [8] , hedge fund [9] , municipal bond [9]
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Most commonly used in these subjects:   Personal Finance, Public Policy & Politics, Business, Law
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