tooAlive
Silver Member
- Thread starter
- #41
No it doesn't. As long as the asset has been held more than a year it doesn't matter one bit how long you've had it.
That's total baloney. You just made that up.
Capital gains tax - Wikipedia, the free encyclopedia
Nothing in that link contradicts anything I have told you. To reiterate:
a) the cap gains tax does not care how long you've held the asset if its more than a year
b) since your premise is wrong, your conclusion is BS as well.
I said "for example." The 5 or 10 years thing is purely an example, just as was said in the video.
My point was that capital gains taxes are taxed lower because they aren't guaranteed. Income is guaranteed; capital gains aren't. You're not going to sell the same investments ever year for the same gains.