2 ms·
Precisely the correct question - cap gains at that same 7% would yield $700k/year and be taxed at a rate of less than half the income tax rate.
by mikeyouse 7y ago
Precisely the correct question - cap gains at that same 7% would yield $700k/year and be taxed at a rate of less than half the income tax rate.
- vonmoltke 7y agoCap gains of $700k per year would mean this household had an income of $700k per year, and so be in the top 1% of incomes.