In the US taxes are complicated. How much income you have matters, also the source(s) of that income make a difference, and finally investment losses make a di

In the US taxes are complicated. How much income you have matters, also the source(s) of that income make a difference, and finally investment losses make a difference. So if you are Donald Trump, and you've had massive losses, you can pay virtually no taxes on your investment income based on your investment losses. If you have very low income you probably pay no taxes and might be eligible for subsidies. If you are single and making very high wages from labor but not from investments then you will pay the highest tax rate. If you can flip your income from labor to investments you can really save a lot in taxes. Your effective tax rate completely depends on your situation. https://taxfoundation.org/how-much-do-people-pay-taxes https://taxfoundation.org/how-much-do-people-pay-taxes