Please note: there are currently three exceptions to the current 20% top tax rate on long-term capital gains, including sales of section 1202 qualified small business stock, net capital gains from selling collectibles and sales of unrecaptured section 1250 gain from selling section 1250 real property. Modifications or additions to that list do not affect the outcome of this market. Documentation of a bill which would treat net long-term capital gains as ordinary income for the purpose of taxation is encompassed in the Payout Criterion if the top tax rate on such income is above 20%. Bills which change the income which is taxable by the long-term capital gains tax or which is a surtax on the same taxable income are not encompassed in the Payout Criterion