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To: zeestephen

Capital gains are still income.

Just not wages.


15 posted on 01/05/2024 9:46:52 PM PST by Westbrook (The Democrats are wizards at two things: Finding votes and losing evidence.)
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To: Westbrook

“Capital gains are still income.”

True but they are not income until the asset is liquidated. Until that point, they are only potential gains. If I bought stock at $100k five years ago and it is now worth $300k, I have not received $200k in income or capital gains.


78 posted on 01/08/2024 6:13:50 AM PST by CA Conservative (Free at last, free at last, thank God Almighty, I am free at last)
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