So here's my understanding and you can correct me if I'm wrong. Assuming profits + hold for 1 year and 1 day:
Poverty line = no tax on investments
Middle class = 15% tax on investments
Less than a year = 30% tax on investments
Hypothetically, If I hold all my stocks until I lose my job or retire, then I cash out on stocks, that it wouldn't be taxed? And how about I get a job after I cash out?
Submitted January 15, 2017 at 12:58AM by RoboticsNote http://ift.tt/2iylMeZ
