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    Historical changes in the capital gains tax rate

    Historical changes in the capital gains tax rate

    Select changes in the top statutory tax rate on long-term capital gains in recent decades:

    1942-67: 25 percent

    1976: 39.9 percent

    1979: 28 percent

    1982: 20 percent

    1987: 28 percent

    1997: 20 percent

    2003: 15 percent

    2013 (x): 20 percent (plus a new 3.8 percent Medicare tax on investment income for high-income earners)

    x - unless Congress alters a pending increase

    ____

    Sources: Citizens for Tax Justice, Tax Policy Center

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    RATES

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