Post
Topic
Board Politics & Society
Re: Are you going to pay taxes?
by
enmaku
on 06/06/2011, 23:28:40 UTC
Do "capital gains" add to your total income for the purpose of determining your tax bracket or are they taxed at the rate of your income-only tax bracket?
I do not believe capital gains adds to your total income for determining your tax rate.
So what about students and the like, who perhaps have no income or have income so low as to qualify as exempt? I would assume they'd pay at the lowest bracket, right?