This is a proposal, let me know if kitco is false news

“Together, the proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent,” the proposal said.

Based on this figure, the combined federal and state capital gains tax would exceed 50% in many states, including California (59%), New Jersey (55.3%), Oregon (54.5%), Minnesota (54.4%), and New York (53.4%)."