4 ms·
The 10% capital gains tax rate is history. Now it’s been merged into the 15% bracket. To the rest of your comment: interesting point. I wonder if there’s a ce
by webinvest 6y ago
The 10% capital gains tax rate is history. Now it’s been merged into the 15% bracket.
To the rest of your comment: interesting point. I wonder if there’s a certain tax rate where it makes sense to change how you invest. Sort of like the difference in investing in Voyager digital (VYVGF) or the Voyager token (VGX). Stock buybacks are not tax deductible but buying a cryptocurrency can be a business expense.
Last, I think the business tax rate hardly matters because so much can be written off and justified as business expenses. Just look at Amazon, Netflix and Tesla as examples. Amazon receives customer money before it has to pay suppliers. Thus, it can quickly go spend that surplus money on reinvesting into more distribution centers, better salaries, and automation until the taxable profit is $0.