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Why would it be 60% for stocks? It’s not regular income. It’s capital gains. You’re looking at much lower rates for ltcg. These rules also only apply to people
by bradlys 5y ago
Why would it be 60% for stocks? It’s not regular income. It’s capital gains. You’re looking at much lower rates for ltcg.
These rules also only apply to people with $50M+ and only to amounts over that $50M. I don’t think almost anyone should have that level of wealth in the world - it’s clearly created at the cost of others.
- useful 5y agoI figure if you are actively managing your account, then most of it is short term.