DataMan62 t1_j7jfpmn wrote
Reply to comment by I__Know__Stuff in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
No. Capital gains tax is very different from ordinary income tax. The greatly reduced capital gains rate IS EXACTLY what is wrong with the American system. If you work for a living, you have to pay income taxes on it all. If you live off daddy’s inheritance, you can sit on your ass and pay less than half the rate!!!!
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