Why Nostr? What is Njump?
2024-04-17 13:25:50
in reply to

Earnest Holden on Nostr: On 100% of the gain. $100 gain = $37 of tax $100 gain * 50% = $50 taxable dollars * ...

On 100% of the gain.

$100 gain = $37 of tax

$100 gain * 50% = $50 taxable dollars * your income tax rate = amount of tax

Thus, if your tax rate is 45% then $22.5 of tax
Author Public Key
npub1p4ynv22z9hvf8teze4xxz9agudy8g54c6278xl9w539jzsve3mgsdaqye9