MetallicGray
MetallicGray t1_jdlq9ad wrote
Reply to comment by rosesandpiglets in Washington Supreme Court upholds new capital gains tax by Bozzooo
That’s interesting. Aside from where you stand, I don’t see how selling capital gains is not an income. Investments sole purpose is to generate more money off your money… so how is money generated not considered income.
MetallicGray t1_j5kg32z wrote
Reply to comment by abitdaft1776 in LPT: A good financial habit to get into is treating money as hours of work. Ask yourself how many hours of work something would take if you buy it. The awareness of the amount of time you put into purchases helps reduce compulsive spending. by humvee911
If only we’d skipped the Avocado toast all those years ago.. we could’ve been billionaires too.
MetallicGray t1_jdt8ise wrote
Reply to comment by CraftyFellow_ in Washington Supreme Court upholds new capital gains tax by Bozzooo
Um. Yes? Seems pretty obvious and consistent with my statement.
Also short term capital gains tax is the same rate as federal income tax rates.
I’m guessing it’s the long term rates your thinking of.
Idk why you worded that comment like it was some kind of gotcha lol