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A comment on Ask HN: What was your best passive income in 2016?. Parent comment

Re:Ask HN: What was your best passive income in 2016? by hobonumber1 on Sunday December 11, 2016 @04:03PM (#13153195)
Well it is 15% but you are paying income tax on it because you aren't holding it for a year. So depending on your tax situation, it may be closer to 7-10%. Still good though.
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Re:Ask HN: What was your best passive income in 2016? by findjashua on Monday December 12, 2016 @12:19AM (#13155747)
The income tax on the profits. If you sell the espp instantly, there isn't much profit, so I'm guessing there isn't much tax?
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Re:Ask HN: What was your best passive income in 2016? by irrational on Tuesday December 13, 2016 @11:50AM (#13168225)
Well, according to this guy: https://thefinancebuff.com/employee-stock-purchase-plan-espp... it is closer to a 90% return. The example he gives is exactly how my company's ESPP works.
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