Quote:
Originally Posted by iRONDONkey
cap gains tax?
i thought it was well over 35%.. Lol
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For Canada we're almost half of what profit is plus whatever you claim as income. So a profit is entirely margined by what you're doing. Essentially "investing" not claimed as an income of salary or anything is the capital gain and marginal tax rate (at the time).
No idea what it's like for you state side fellas, but I can only imagine it's just as harsh.