4 ms·
That's not correct. Interest is taxed progressively like any other income, dividends are somewhat taxed according to a complex formula, and 50% of your capital
by eigenvector 13y ago
That's not correct. Interest is taxed progressively like any other income, dividends are somewhat taxed according to a complex formula, and 50% of your capital gains are taxed at the applicable marginal tax rate depending on your income.
- dean 13y ago"50% of your capital gains are taxed" True, but that is an exemption that gets used up. There is a $750,000 lifetime capital gains exemption. Which most people don't hit, but a successful founder could.