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I buy a stock for $10. 2 years later, I sell it for $20. I get taxed on a $10 capital gains income tax. How is this not "logical" ? Can you explain better?
by tosseraccount 11y ago
I buy a stock for $10.
2 years later, I sell it for $20.
I get taxed on a $10 capital gains income tax.
How is this not "logical" ? Can you explain better?
- gohrt 11y agoYou can nest a financial asset arbitrary layers deep in funds and holding companies. See other comments in this subthread that illustrate the various ways to structure assets.