Capital Gains Tax Changes Hurt Mom and Pop Investors
![Capital Gains Tax Changes Hurt Mom and Pop Investors Capital Gains Tax Changes Hurt Mom and Pop Investors](https://g.foolcdn.com/editorial/images/465017/capital-gains-tax-fifo.jpg)
The GOP's tax bill would hit individual investors with next capital gains tax rules, while allowing mutual funds and exchange-traded funds to operate under the old rules.
The proposed changes will make it more difficult for smart individual investors to reduce their tax burden with tax-loss harvesting, while forcing investors to pay more in capital gains tax when selling shares in taxable accounts.
Here's how a change to capital gains taxation could impact individual investors in a big way.
Source: Fool.com