alt Hacker NewsIf your brokerage account is large enough that most of your change-in-net-worth happens in unrealized capital gains, your tax rate is 0%. That's pathological at the best of times and in a "capital wins" scenario it's positively thermonuclear.
Replies
thesmtsolver2 • yesterday at 4:07 PM
By that logic, you should also consider what happens if the brokerage account goes negative. Are you willing to do that?
➕ show 1 reply
Folks like to hate on capital gains tax. I think it's perceived as a rich-person deal. But homeowners, do they get taxed each year on the increase in value of their house? Almost the same thing, but not hated on the same way.