What does Obama intend to put capital gains tax back up to?

Question

does anyone know?

i "was" going to vote for him, but this really upsets me

Answer 1

One proposal is to reset the CG tax rate to one step below the taxpayer's marginal rate for relatively wealthy individuals.  Unless you're earning more than $250k - $300k inclusive of the CG, that plan won't affect you.

Keep in mind that any proposal from a Presidential candidate is ONLY a proposal.  Congress would need to act on it and there are no assurances that any specific proposed legislation would ever become law.

Answer 2

Some would suggest that they would be taxed at the same rate as ordinary income.