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Posted On: 10/31/2021 10:03:54 PM
Post# of 86527
If you add state tax in California of 14% for the wealthy and 20% currently Long Term Capital Gains = 34% taxes
If it is short term Capital Gains of 37% then Total Tax = 51% in California for the wealthy.
I recommend you take half of the candy to teach your kids all about taxes !!
If it is short term Capital Gains of 37% then Total Tax = 51% in California for the wealthy.
I recommend you take half of the candy to teach your kids all about taxes !!
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