Capital gains tax is a tax you pay for investing successfully. If you bought some shares, for instance, for $1 a share in 2010, and sold them in 2020 for $2 a share, that's a $1 capital gain, and depending on a number of variables, you owe the government tax on that. If you're in the middle class income tax bracket, in the US that's a 15% tax rate, or $0.15 cents a share.
Capital gains tax is a double tax
Capital gains tax is a double tax
Capital gains tax is a double tax
Capital gains tax is a tax you pay for investing successfully. If you bought some shares, for instance, for $1 a share in 2010, and sold them in 2020 for $2 a share, that's a $1 capital gain, and depending on a number of variables, you owe the government tax on that. If you're in the middle class income tax bracket, in the US that's a 15% tax rate, or $0.15 cents a share.