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CCH can assist you with stories, including interviews with CCH subject experts.
Also, the 2006 CCH Whole Ball of Tax is available in print. Please
contact:
Leslie Bonacum
(847) 267-7153
mediahelp@cch.com
Neil Allen
(847) 267-2179
neil.allen@wolterskluwer.com
Link to special CCH Tax Briefings on key topics from 2005:
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2006 CCH Whole Ball of Tax
A Historical Look at Capital Gains Rates
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Individuals
Maximum capital gains rate
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Corporations
Maximum capital gains rate
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1913 - 1921
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same as regular rate
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same as regular rate
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1922 - 1933
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12.5%
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12.5%
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1934 - 1935
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17.7%*
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13.75%
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1936 - 1937
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22.5%*
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15.0%
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1938 - 1941
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15.0%
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same as regular rate
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1942 - 1951
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25.0%
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25.0%
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1952 - 1953
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26.0%
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26.0%
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1954
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25.0%
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26.0%
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1955 - 1967
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25.0%
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25.0%
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1968
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26.9%
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25.0%
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1969
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27.5%
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25.0%
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1970
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30.2%
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25.0%
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1971
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32.5%
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25.0%
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1972 - 1974
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35.0%
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25.0%
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1975 - 1977
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35.0%
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30.0%
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1978
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33.8%
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30.0%
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1979
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35.0%
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30.0%
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1980 - 1981
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28.0%
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28.0%
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1981 (June 20)
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23.7%
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28.0%
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1982 - 1986
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20.0%
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28.0%
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1987 - 1992
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28.0%
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34.0%
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1993 - 1997 (May
6)
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28.0%
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35.0%
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1997 (after May
6)
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20.0%
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35.0%-2003 (May
5)
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2003 (after May
5)
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15.0%
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35.0%- 2005
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*Assumes 10-year holding period, 30% of gain recognized
(sliding scale for exclusion based on holding period).
Please note: Tax law is
complex. While an accurate representation of capital gains rate history,
this chart may not reflect various factors (such as excess profit taxes,
phase-ins, rates on special categories of gain and AMT) that could have
affected capital gains taxes throughout the years.
Source: CCH, 2006
nb-06-13
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