Form 485BPOS Calvert Management Serie streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Availability of Investment Tax Calculator Showing Potential Impact of the Biden Tax Proposals
News provided by
Share this article
Share this article
BOSTON, May 4, 2021 /PRNewswire/ Eaton Vance Management (Eaton Vance) and Parametric Portfolio Associates LLC (Parametric) announced today that the Eaton Vance Parametric Investment Tax Calculator available at eatonvance.com/mytaxrate and parametricportfolio.com/mytaxrate has been updated to enable individual investors to evaluate the potential impact on their personal income taxes if the new tax proposals announced by President Biden on April 28, 2021 are enacted into law.
As part of his American Families Plan, President Biden has proposed increasing ordinary income tax rates for individual taxpayers earning at least $400,000 to 39.6% and eliminating the preferential treatment of long-term capital gains and qualified dividends for those earning $1 million or more.