BS. I live in the SF bay area and we gross less than $100k/year supporting a two person household. $120k/year would be a bit over a 33% raise. Married filing

BS. I live in the SF bay area and we gross less than $100k/year supporting a two person household. $120k/year would be a bit over a 33% raise. Married filing jointly (MFJ) or Single (S) on the $120k/year in capital gains would be: MFJ: 0% up to $83,350. 15% above that amount. For a total tax of $5497.50 in federal taxes. S: 0% up to $41,675. 15% above that amount. For a total tax of $11748.75 in federal taxes. The California tax rates for income or capital gains are: MFJ: $3,623.42 plus 8% of the amount over $104,910. For a total of $4830.62 in state taxes. S: $2,918.91 plus 9.3% of the amount over $66,295. For a total tax of $7913.48 in state taxes. Net, after tax income is: MFJ: $9139.32 per month S: $8361.48 per month These both compare quite favorably to the average ~$6,200 after-tax income my household lives on. And that's without subtracting the $650 additional taken out for the pension (because a person living on interest doesn't need to subtract money for retirement, as they are effectively retired!!). Or the extra $180 or so taken out for other post-tax payroll deductions.