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Combined Capital Gains Tax Rate In California To Hit 56.7% Under Biden Plan

Combined Capital Gains Tax Rate In California To Hit 56.7% Under Biden Plan

The Center Square The combined state and federal capital gains tax rate in California would rise from the current 37.1 percent to 56.7 percent under President Biden’s American Families Plan, according to a new study from the Tax Foundation. That increase, which would include federal, state and local taxes on financial gains from the sale of […]