Consider tax on investments

Wednesday June 4, 2025

Taxes make everything more complicated. They vary based on your income level, where you live, what investments you have, and what accounts you have them in, and more. And they affect your real returns. Let's compare income-generating investments.

Most states don't differentiate between regular income and capital gains, so there's just the one state tax box here. It probably makes sense to use your overall effective (“blended”) tax rates here, though you could use your marginal rates if you want. And of course this all assumes we're in the US.