ilmscore | Prediction Details
"when you invest your money the government gives you a tax break because they say okay this money that you earned from your job you already paid taxes on this money so now when you invest this money that you earn you should be able to get a tax break when this money makes you money the only caveat here is you have to hold your investment for longer than a year but if you make money from your Investments and you hold your Investments for longer than a year then you get to pay much lower tax rates"
By Minority Mindset | March 17, 2024 | Pending
From video
How To Make $100,000 Per Year - STEP BY STEP 00:14:54 - 00:15:19
Interpreted Prediction
Holding investments for over a year allows for significantly lower tax rates on profits, as the government offers tax breaks on money that has already been taxed from employment income.

Prediction Details

Topic
Investment Tax Benefits

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