Tax-Sensitive Investment Management: Why Ben ... - Fidelity …
Tax-Sensitive Investment Management: Why Ben Franklin Was Wrong By Jim Cracraft, Managing Director, Strategic Advisers, Inc. STRATEGIC ADVISERS, INC. Top income tax rate Top capital gains tax rate 0% 20% 40% 60% 80% 100% 1916 1936 1956 1976 1996 2016 EXHIBIT 1: Top U.S. federal tax rates Data represents the top federal marginal ordinary ................
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