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I would expect that 50% or more of hackernews readers make over $39,375
by anon73044 7y ago
I would expect that 50% or more of hackernews readers make over $39,375
- abstractbarista 7y agoCertainly, but what OP actually meant is that capital gains from $0-$39375 is taxed at 0% (if you're a single filer). Then your next $395175 is taxed at 15%. Anything over that is taxed at 20%. It's similar to our tax brackets. Going to a higher bracket doesn't suddenly mean that all the money fitting in the prior bracket is taxed at that higher rate.