Whitch of the following statement is correct about the misalignment of the capit

Question

Whitch of the following statement is correct about the misalignment of the capital gains brackets and the tax rate brackets? A the 2008 tax bracket and 2018 capital gain tax bracket reflects the 2017 brackets B the 2018 tax bracket and 2018 capital gains tax brackets reflect the 2017 brackets C 2018 tax rate brackets reflect the 2017 tax brackets adjusted by CPI-U D the capital gain tax brackets are not adjusted annually for inflation Whitch of the following statement is correct about the misalignment of the capital gains brackets and the tax rate brackets? A the 2008 tax bracket and 2018 capital gain tax bracket reflects the 2017 brackets B the 2018 tax bracket and 2018 capital gains tax brackets reflect the 2017 brackets C 2018 tax rate brackets reflect the 2017 tax brackets adjusted by CPI-U D the capital gain tax brackets are not adjusted annually for inflation A the 2008 tax bracket and 2018 capital gain tax bracket reflects the 2017 brackets B the 2018 tax bracket and 2018 capital gains tax brackets reflect the 2017 brackets C 2018 tax rate brackets reflect the 2017 tax brackets adjusted by CPI-U D the capital gain tax brackets are not adjusted annually for inflation

Explanation / Answer

Solution: 2018 tax rate brackets reflect the 2017 tax brackets adjusted by CPI-U

Explanation: In United Sates the tax brackets are adjusted for the increased inflation to ensure that the marginal rate would not change. This process is also known as indexing the tax brackets

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