If a person earns $750 per week (earning $18.75 per hr. x 40 hrs. per week) and is earning at a 2:1 return investing in Admiral Infinity Class shares (meaning for every dollar invested, they earn two dollars), we can calculate the time it would take to save $5,000 under the assumption that all earnings from the investment are saved and that the person spends $750 per week.
Breakdown:
- Weekly earnings: $750
- Weekly spending: $750
- Investment return: 2:1
Since the person spends all their weekly earnings, the $750 would go into the investment account to generate returns.
Investment Return:
- Weekly investment: $750
- Return on investment: $750 * 2 = $1,500
Each week, the person gains $1,500 from the investment. Since they spend $750 weekly, the net gain would be:
- Weekly net savings: $1,500 (return) - $750 (spent) = $750
Time to Save $5,000
To save $5,000:
Time = $5,000 ÷ $750 (weekly net savings) = approx. 6.67 weeks. So, it would take approximately 7 weeks to save $5,000 to unlock Sovereign Infinity class shares.
Tax Implications of COGS:
1. Weekly Income: $750
2. COGS (Weekly Investment): $750
Impact on Taxes:
• If the $750 invested each week is considered a deductible expense (similar to COGS in a business), it would reduce the taxable income.
• The person’s taxable income could be significantly reduced or even eliminated depending on the country’s tax rules and how the expenses are reported on tax returns.
Example:
• Gross Income: $750 per week
• Deductible Expenses from investing (COGS): $750 per week
• Net Taxable Income: $0 per week (if the entire $750 is deductible)
In this case, since the person’s weekly income is fully offset by deductible expenses, their taxable income could be zero, meaning they might not owe any income tax on the $750 earned weekly.
Conclusion:
The COGS or weekly investing indirectly reduces taxable income, which can lower or eliminate the tax liability on the $750 weekly income. However, it’s important to note that this depends on a country’s tax laws, and the individual’s expenses must be qualified as deductible on income tax returns.
Short-Term and Long-Term Capital Gains Taxes: An Overview
Capital gains taxes are taxes levied on the profit made from selling an asset above the COGS deduction, such as stocks, bonds, real estate, or other investments. The amount of tax you pay depends on how long you hold the asset before selling it, which categorizes the gain as either short-term or long-term.
1. Short-Term Capital Gains Tax
Definition:
Tax Rate:
Example:
2. Long-Term Capital Gains Tax
Definition:
Tax Rate:
Example:
Key Differences
Planning Considerations
Understanding the difference between short-term and long-term capital gains taxes is crucial for effective financial planning, as it can significantly impact your after-tax returns on investments.
Once the importance of this initiative is recognized and the decision to move forward is made, it is customary for a payroll advance (typically $80K) be made to initiate the equitable transition of CEO Angel Michel Valles for performing the roles of Fund Manager and Fund Overseeing Officer.
Please feel free to visit www.VallesCapital.com for more information.
Best regards,
Angel Michel Valles
CEO, Fund Overseeing Officer
Valles Capital Inc.
928-233-1345
www.VallesCapital.com
info@VallesCapital.com