Mathematics, 29.10.2020 02:50 carleenespriu

Assume that you are in a 15% tax bracket for capital gain tax. You have an investment of $1000 which has growth of 50% to $1500. You sell your investment and pay long term capital gains tax of 15% , which is .15*1500=225. You now have $1500-225=$1275. What is wrong with the scenario above?

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Assume that you are in a 15% tax bracket for capital gain tax. You have an investment of $1000 which...

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