Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ...
by Mauricebranagh on Friday May 14, 2021 @01:41AM
(#27151121)
Not sure what your point is those with more gains pay more here - is residential property included in this?
Taxing cgt as income has some negative aspects.
And almost 1/2 mill a year income is not what id call "middle class"
Good question. For the United States, I reference: https://www.investopedia.com/articles/personal-finance/10151...
If you hold one year or more:
Filing Status: Single
0% rate: Up to $40,000
15% rate: $40,000 to to $441,450
20% rate: Over $441,450
In the above, personally, I would like to remove the brackets for 15% and 20%. My point: For anyone beyond middle class, tax capital gains as regular income.