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5 sats \ 0 replies \ @Bell_curve 12 Apr freebie \ parent \ on: History of Federal Tax Rates charts_and_numbers
The keyword is deferral
Capital gains tax kicks in if you hold an asset for at least one year plus one day or 12 months plus 1 day
Otherwise it’s taxed as ordinary income.
Shohei Ohtani is deferring 680 million for at least 10 years lol