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U.S. Billionaires Faced Tax Rates as Low as 0%: ProPublica

10 点作者 hyperluz将近 4 年前

2 条评论

lhorie将近 4 年前
This seems like an emotional manipulation piece. It quotes various people saying various things, but there&#x27;s literally nothing that indicates that any accusations of foul play are actually factually true.<p>Most damning: &quot;Rettig said he could not comment on the article directly or on the tax situation of any individual. Federal employees can face prison time for improperly releasing private taxpayer data.&quot;<p>As for an occasional 0% tax rate: this is possible if you have enough capital losses on paper one year to offset whatever you may have owed otherwise. This could be from a variety of mechanisms, e.g. say you acquired 100 shares at $5 each 10 years ago, then another 10 at $50 2 years ago. If the shares are worth $48 now, the total portfolio is worth $5280. If you sell any 1 share you get $48 in cash, but _which_ share you sell matters for tax purposes: if you sell one you bought for $50, you incurred a $2 loss, even though you&#x27;ve spent $1000 in total to buy the shares and are now sitting on over $5000 dollars worth of shares (a five-fold increase in wealth).
gruez将近 4 年前
&gt;as Low as 0%<p>Let me guess, it&#x27;s 0% because it&#x27;s unrealized gains?
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