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I'm not an expert, but wouldn't this almost all be taxed at capital gains rates? And those aren't changing. Even if they are taxed as income, the top rate is (
by ryanwaggoner 9y ago
I'm not an expert, but wouldn't this almost all be taxed at capital gains rates? And those aren't changing.
Even if they are taxed as income, the top rate is (probably) changing from 39.6% to 38.5%, so he'd saving less than 1% on $499 million of this.
So where is he getting a big tax cut?