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Gains are taxed as income though - does that happen in the US? I always thought that even with capital gains tax you kept more of your investment money there th
by LAC-Tech 5y ago
Gains are taxed as income though - does that happen in the US? I always thought that even with capital gains tax you kept more of your investment money there than here.
- mcguire 5y agoYes: in the US, long-term capital gains (i.e. an asset you have owned for more than a year) are taxed at a significantly lower rate than income. Short-term cap gains are treated as income.