LogFAQs > #979505454

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Topic	Trump Trials General Part 12: The path to either Justice or Anarchy.
darkace77450 03/22/24 12:26:13 PM #283:	littlebro07 posted... Wouldn't he have to pay a f**ton of capital gains taxes on that It only qualifies for capital gains tax rates if he holds onto it for a certain length of time, otherwise it's income tax rates. The capital gains tax rate will be lower than the income tax rate. Hell, the capital gains tax rate he'd pay on the sale of $3 billion would be less than the income tax rate you* pay on the paycheck you work for. <cite>darkace77450 posted [p:979505454] in Trump Tria... [t:80725722]...</cite> <quote>littlebro07 posted... </cite><quote>Wouldn't he have to pay a f***ton of capital gains taxes on that</quote>It only qualifies for capital gains tax rates if he holds onto it for a certain length of time, otherwise it's income tax rates. The capital gains tax rate will be lower than the income tax rate. Hell, the capital gains tax rate he'd pay on the sale of $3 billion would be less than the income tax rate you pay on the paycheck you work for.</quote> ... Copied to Clipboard!
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