Reply To: Since the Infrastructure was passed, will Long Term Capital Gains be Retroactive

Home Fairmark Forum Taxation of Investments Since the Infrastructure was passed, will Long Term Capital Gains be Retroactive Reply To: Since the Infrastructure was passed, will Long Term Capital Gains be Retroactive

#71397
Kaye Thomas
Moderator

The infrastructure law does not change the taxation of capital gains. We don’t know yet whether the final version of the second piece of major legislation under consideration will contain a change in capital gains, or whether it will get through Congress.

It is not unconstitutional to change the taxation of capital gains. There is no reason to be concerned about a retroactive change, as this has never happened before and is highly unlikely in this case. However, a change such as this can be prospective from the date of committee action, even though final enactment of the law occurs some time later.

Please confine your remarks here to issues of taxation. There are plenty of places to post political commentary; this is not one of them.