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From a California perspective, there is no discount for capital gains. It is all taxed as income.
by adastra22 11mo ago
From a California perspective, there is no discount for capital gains. It is all taxed as income.
- skybrian 11mo agoYep. But they had to include federal to get above 50%, so that's clearly not the calculation they were doing. For federal + California, it does matter.