Depends on how big the increase in taxes is. But I would expect a
doubling of a tax rate to a level that is *more than double* that of the OECD average to have a material impact. Even the high tax countries in Scandinavia which have marginal income tax rates well above 60% have significantly lower capital gains tax rates.
I can tell you that at 43.8%, I'll ensure I never recognize a LTCG in a year without an offsetting capital loss. [Post edited by BocaHoo91 at 08/10/2020 3:14PM]
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In response to this post by Seattle .Hoo)
Posted: 08/10/2020 at 3:12PM