Long Term Capital Gains

[ghayner32]

Hi, 

Thank you for sponsoring this event.

I have a question about long term capital gains.

I bought a stock last year and intend to hold it for at least another 5 years.

I will be 72 years old by then and will have retired.

If I sell the stock at a profit sometime thereafter what will be the capital gains tax rate at that point.

Thank you,

George

[fanfare · Accepted solution]

no one knows what the capital gains tax rate will be five years from now.

@ghayner32 

[Carl]

Basically, the tax rate will be whatever congress decides it will be 5 years from now. Nobody has any way of knowing what congress will do 5 years from now.