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Which of the Following Is True of the Capital Gain

Question 37

Multiple Choice

Which of the following is true of the capital gain tax rate in the U.S from 1968 to 2007?


A) It reached a peak of 40% in the 1970s.
B) It was at an all-time low level of 15% during the 1980s.
C) It averaged around 30% from 2003-2007.
D) It remained constant at 10% in the 1990s.

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