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12
Keln 12 points ago +12 / -0

Gains are taxed. If you lose or break even, you're fine.

Different tax rates for gains, depending on time. Long term gains are taxed roughly half the rate.

It really is BS that investing gets taxed. It kind of chokes investing by normies and keeps investing in the realm of the "professionals".

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IntergalacticWalrus 8 points ago +8 / -0

You take all the risk and the government says “nah, some of that payoff is mine”

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deleted 8 points ago +8 / -0
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IntergalacticWalrus 8 points ago +8 / -0

The Founders really are rolling in their graves. And don’t get me started on PROPERTY tax. Do you own it? Or just rent it from the government? Because they can evict you if you don’t/can’t pay property tax.

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deleted 2 points ago +2 / -0
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Motherslut 1 point ago +1 / -0

It’s fucking ridiculous. I pay close to 2.5% here in Texas. Theft.

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ManBadOrange 1 point ago +1 / -0

Fuck property tax !

1
FliesTheFlag 1 point ago +1 / -0

Property taxes can lick my ass.