White House and congressional budget negotiators said they had finished work on new capital-gains tax rates - they will fall from 28 percent to 18 to 25 percent depending on circumstances - that are a key piece of multi-year legislation intended to balance the federal budget in 2002. Both sides said an overall agreement was imminent.
Budget Talks
White House and congressional budget negotiators said they had finished work on new capital-gains tax rates - they will fall from 28 percent to 18 to 25 percent depending on circumstances - that are a key piece of multi-year legislation intended to balance the federal budget in 2002. Both sides said an overall agreement was imminent.