Which of the Following Is True of Investment-Based Income

question 18

Multiple Choice

Which of the following is true of investment-based income?

• A)Tax rates on carried investment are higher now as compared to 1980s.
• B)Capital gains tax rates are higher now as compared to the 1980s.
• C)Capital gains are now completely tax-free as compared to the 1980s.
• D)Tax rates on carried investment are lower now as compared to 1980s.

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