The tax rate on capital gains for most people is

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The tax rate on capital gains is dependent on the time the asset was owned. If the asset is held for longer than one year, it qualifies for long-term capital gains tax rates, which are typically lower than the tax rate on regular income. If the asset is held for less than one year, it is subject to short-term capital gains tax rates, which are the same as the tax rate on regular income. The tax rate is not dependent on the amount of profit earned.

The Tax Rate on Capital Gains for Most People Is