News for hackers. Stuff that matters.
Re:No Science, No Startups: The Innovation Engine We're Swit... by sidewndr46 on Monday October 13, 2025 @10:04PM (#45575486)
As others have mentioned that isn't comparable because salaries are taxed. The tax rate on unrealized gains in the US is zero percent from what I understand.
Re:No Science, No Startups: The Innovation Engine We're Swit... by andrewlgood on Tuesday October 14, 2025 @09:02AM (#45579539)
Not correct. Capital Gains taxes depend on the holding period. Short term capital gains (stock held less than a year) are taxed at the same rate as salaries (ordinary income rate). Long term capital gains (stock held at least a year), are taxed on a reduced level that peaks out at 20% (depends on total taxable income) with a possible additional 3.8% Obama Net Investment Tax.
Re:No Science, No Startups: The Innovation Engine We're Swit... by sidewndr46 on Tuesday October 14, 2025 @11:55AM (#45581550)
So I buy a stock on Jan 1 for $1 and by June 15 it is worth $100. I'm going to pay $99 of short term capital gains at that point?
Re:No Science, No Startups: The Innovation Engine We're Swit... by labcomputer on Thursday October 16, 2025 @11:30PM (#45613063)
Cool. You covered short term gains and long term gains. Could you answer the question, which was unrealized gains?