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Re: OHMYGOD post# 34850

Tuesday, 09/01/2009 10:31:15 AM

Tuesday, September 01, 2009 10:31:15 AM

Post# of 67237
What I can't find out from publications is what the marginal tax rate refers to. Is it the tax rate before or after you add the capital gains? In other words, if you make 50k a year and are in the 10% bracket and then you have a couple of million dollars long term capital gains in 2010 - is that a couple of millions of tax free income? Or do the capital gains increase your tax rate to 35% and therefore your tax rate on the capital gains is 15%?
Any idea anyone?
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