Both the holding period to qualify and the tax rate on long-term capital gains
A) are subject to political pressure and occasionally change.
B) are very stable and have not changed since the 1960s.
C) are phased out on incomes over $388,351.
D) are adjusted for inflation every year.

Question

Quizplus · Accepted Answer

The holding period to qualify for long-term capital gains tax rates and the tax rates themselves are subject to change due to legislative actions, which can be influenced by political pressures. These elements are not fixed and have indeed changed over time, reflecting shifts in economic policy and political priorities.

Both the Holding Period to Qualify and the Tax Rate