this post was submitted on 14 Jul 2026
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Work Reform

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[โ€“] echo@lemmy.today 31 points 13 hours ago (1 children)

LTCG means that I can 15% or 20% (depending on income) on selling stock even if I'm otherwise in a high tax bracket. Why should I get to have a massive tax break just because I already have a lot of income? There's nothing special about my income from stock vs. my income from employment other than I work a hell of a lot harder for my income from employment than I do my income from stock.

[โ€“] potpotato@lemmy.world 4 points 9 hours ago

0% if your taxable income is under $96,700 as a married, filing jointly household.