The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital…. the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy – John F. Kennedy
The paradox of establishing financial plans that can exploit future gains and current tax rules is that there may be no gains and tax breaks that apply now (they may be gone by the time they are needed)
Can the size of future estates be projected accurately? If an estate’s assets appreciate in value, which capital gains tax breaks apply? Which of those tax breaks will still be available five years from now?
Click on the above link for more information on Capital Gains.
