- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How do you respond to this Yahoo comment regarding short/long-term capital gains tax rate?
Posted on 12/19/17 at 8:46 am to puse01
Posted on 12/19/17 at 8:46 am to puse01
quote:
The money invested has already been taxed when it was earned initially.
Irrelevant. That basis is never taxed again anyway no matter what rate you use.
1
Posted on 12/19/17 at 8:52 am to Janky
quote:
Irrelevant. That basis is never taxed again anyway no matter what rate you use.
What's the basis on ordinary income? Thats why it is relevant. One requires capital. Taxing capital gains at ordinary income rates would require much higher returns and investment would decline.
However...to answer the OP. Short term capital gains are taxed at ordinary income rates.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News