@johnsfinancetips: If you want to minimize how much you pay in income taxes, you’ll need as much long-term capital gains income as possible. Long term capital gains has a 0% 15% and 20% bracket. While normal income caps out at 37%! #notaxes

John Liang

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Region: US

Thursday 27 June 2024 21:05:48 GMT

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Niko Maroulianakis :

what are you talking about? Longterm capital gains are taxed...

2024-06-27 21:17:48

James :

LT cap gains are absolutely taxable income, this is wildly misleading

2024-06-27 21:23:32

— :

can you break down which tax bracket.. I think you’re information is wrong?

2024-06-27 21:21:26

John Liang :

Just to clear some things up. Long term capital gains is still taxed. Just much lower compared to normal income tax especially for high income earners.

2024-06-27 21:35:07

TraLynn :

So this is how the rich don’t pay taxes.

2024-06-29 11:19:35

user ¯\_(ツ)_/¯ :

And how many people will this help?

2024-07-05 16:38:13

christie :

CPA here - you are wrong

2024-06-30 23:29:15

AliTav :

Didn't know the IRS was a person. 🤔

2024-06-29 22:38:25

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@johnsfinancetips: If you want to minimize how much you pay in income taxes, you’ll need as much long-term capital gains income as possible. Long term capital gains has a 0% 15% and 20% bracket. While normal income caps out at 37%! #notaxes

John Liang

Open In TikTok:

Region: US

Thursday 27 June 2024 21:05:48 GMT

Music

Download

Comments

Niko Maroulianakis :

what are you talking about? Longterm capital gains are taxed...

James :

LT cap gains are absolutely taxable income, this is wildly misleading

— :

can you break down which tax bracket.. I think you’re information is wrong?

John Liang :

Just to clear some things up. Long term capital gains is still taxed. Just much lower compared to normal income tax especially for high income earners.

TraLynn :

So this is how the rich don’t pay taxes.

user ¯\_(ツ)_/¯ :

And how many people will this help?

christie :

CPA here - you are wrong

AliTav :

Didn't know the IRS was a person. 🤔

Other Videos

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Legal

@johnsfinancetips: If you want to minimize how much you pay in income taxes, you’ll need as much long-term capital gains income as possible. Long term capital gains has a 0% 15% and 20% bracket. While normal income caps out at 37%! #notaxes

John Liang

Open In TikTok:

Region: US

Thursday 27 June 2024 21:05:48 GMT

Music

Download

Comments

Niko Maroulianakis :

what are you talking about? Longterm capital gains are taxed...

James :

LT cap gains are *absolutely* taxable income, this is wildly misleading

— :

can you break down which tax bracket.. I think you’re information is wrong?

John Liang :

Just to clear some things up. Long term capital gains is still taxed. Just much lower compared to normal income tax especially for high income earners.

TraLynn :

So this is how the rich don’t pay taxes.

user ¯\_(ツ)_/¯ :

And how many people will this help?

christie :

CPA here - you are wrong

AliTav :

Didn't know the IRS was a person. 🤔

Other Videos

About

Legal

LT cap gains are absolutely taxable income, this is wildly misleading