Capital Gain Tax Rate 2024 California. Capital gains occur on any asset sold for a price higher than the purchase price; Harris recently vowed to raise the top federal capital gains tax rate to 33% (she’s raising the regular capital gains tax to 28% from the current 20%, and raising the.

For instance, single filers with taxable income exceeding $1. The california capital gains tax is levied at the same rate as regular income.