What time is Donald Trump's inauguration as President? Who is attending and all you need to know about the schedule as he takes office in 2017. US President-elect Donald Trump will take office on January 20. Here are the traditions and quirks of the day - plus how to watch the Inauguration in the UK.
The election to pay tax at the rate of 5.85% does not apply to items of income taxed at 12% (short-term capital gains and gains on collectibles and pre-1996 installment sales.). 1  M.G.L. 2  Chapter 62, Section 4 as amended by St. 2000, c. 343, s. 3  1; as amended by St. 1999, c. 127, ss.
Income tax rates start at 10% and move up to 39.6%. In comparison, the IRS reports that for most taxpayers, the capital gain tax rate is generally no more than 15%. If you're in the 10% or 15% tax bracket, you won't owe any capital gains taxes on securities you've held long-term, including mutual fund shares. For 2015, long term-capital gain rates range from 0%â20% and may also be subject to the 3.8% Medicare Surtax above a certain income threshold.