Earnest Holden on Nostr: On 100% of the gain. $100 gain = $37 of tax $100 gain * 50% = $50 taxable dollars * ...
On 100% of the gain.
$100 gain = $37 of tax
$100 gain * 50% = $50 taxable dollars * your income tax rate = amount of tax
Thus, if your tax rate is 45% then $22.5 of tax
Published at
2024-04-17 13:25:50Event JSON
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"content": "On 100% of the gain. \n\n$100 gain = $37 of tax\n\n$100 gain * 50% = $50 taxable dollars * your income tax rate = amount of tax\n\nThus, if your tax rate is 45% then $22.5 of tax",
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