long-term capital gains tax from the sale of assets held more than one year are taxed at a rate of 15% for investors in the 25% income tax bracket or above (Lucas’s level), and zero for investors in the 10% or 15% bracket. Those rates are set to jump to 20% and 10%, respectively in January.But don't say he's a 1%er who doesn't pay his fair share in taxes, no. That would be wrong.
Thursday, November 01, 2012
It's a Small Empire After All: Lucas Sells Out to Disney
George Lucas (D-Hollywood) sold his empire before