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A comment on Travis Kalanick Is Exiting His Uber Holdings Uber Quickly. Parent comment

Re:Travis Kalanick Is Exiting His Uber Holdings Uber Quickly by akavi on Monday December 16, 2019 @10:55AM (#21803957)
20%, you mean, for federal long term capital gains.

Plus 3.8% for Net Investment Income Tax.

Plus, he resides in CA, so tack on ~12% (he's making so much marginality doesn't really affect things) in state taxes.

~36% in total, which is a lower effective tax rate than many people here, but not quite as outrageous.

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Re:Travis Kalanick Is Exiting His Uber Holdings Uber Quickly by gok on Monday December 16, 2019 @11:05AM (#21804032)
There's actually another 1% in CA on income over $1 million in California, so it's 13.3% + 23.8% = 37.1%
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