Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
@derekjohnson question for ya
Say you had $200k laying around and wanted to invest it in this website. After 5 years, you project this website would be worth $5,000,000 more if you made this investment, which would cause you to sell it for a $4,800,000 taxable capital gain.
I have 2 scenarios.
1) would you make this investment if the tax rate were the current capital gains rate of 23.8%?
2) imagine capital gains are taxed as ordinary income and your are taxes at 39.6%. Would you make this investment?
@DerekJohnson
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Comments
And since it's a website, we would run this shit from the Caymans.
Hope this helps.