CURRENT PROPOSED Annual Dollar Tax Effective Tax Effective Gain Gain Owed Tax Rate Owed Tax Rate 2% $1,041 $291 28% $0** 0 6% 3,382 947 28% 277 8.2% 10% 6,105 1,709 28% 699 11.4% *15.9% over 5 years. **Creates an $86 tax benefit
CURRENT PROPOSED Annual Dollar Tax Effective Tax Effective Gain Gain Owed Tax Rate Owed Tax Rate 2% $1,041 $291 28% $0** 0 6% 3,382 947 28% 277 8.2% 10% 6,105 1,709 28% 699 11.4% *15.9% over 5 years. **Creates an $86 tax benefit
