Both the holding period to qualify and the tax rate on long-term capital gains
A) are subject to political pressure and change frequently.
B) are very stable and have not changed in many years.
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 and the tax rate on such gains are both subject to political pressure and change frequently. Changes to these rates are often made through legislation and can vary depending on the political climate and priorities of lawmakers.

Both the Holding Period to Qualify and the Tax Rate