Re:Why is the stock market rallying when the economy is so bad?
by mixmastamyk on Monday May 11, 2020 @03:24AM
(#23139673)
Also the interest will be taxed.
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Re:Why is the stock market rallying when the economy is so bad?
by Galanwe on Monday May 11, 2020 @04:17AM
(#23139962)
Not sure how taxes work in the US exactly. Here in Hong Kong we have withholding tax but no capital gain tax, so you can effectively buy zero coupon 3 month govy notes tax free.
Re:Why is the stock market rallying when the economy is so bad?
by blaser-waffle on Monday May 11, 2020 @09:16AM
(#23141739)
Depends on the bonds. Bonds issued by the government (local/municipal/etc.) are often not taxed as an incentive to get you to lend money to the government.