|
Title: Suppose the annual inflation rate is 10%, and an asset bought at the beginning of the year for ... Post by: Roar on Sep 15, 2017 Suppose the annual inflation rate is 10%, and an asset bought at the beginning of the year for $100,000 is sold for $115,000. If the capital-gains tax rate is 30%, what is the (approximate) effective tax rate on the sale of this asset?
A) 10% B) 20% C) 25% D) 30% E) 4% Title: Re: Suppose the annual inflation rate is 10%, and an asset bought at the beginning of the year for ... Post by: legendvpn on Sep 15, 2017 Content hidden
|