/biz/ - Business & Finance

>>51314987
Here is the formula for federal tax
>(Value at time of Sale - Initial Purchase Value) * capital gains tax = tax owed to Jews
so for example if you bought 1000 dollars of Lunc that you sold for 1 million dollars it would be

(1,000,000 - 1000) * 0.37 (short term capital gains) = $369,630 owed to the Federal government

You may also owe state taxes depending the state laws, the state tax rate is always calculated pre tax of the federal tax and can vary from 0 to 25%. So all together if you had 999,000 in profit like in the above example you will owe between $369,630 and $619,380 to federal and state jews.