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Suppose a high-income individual, subject to a 15% capital gains tax rate, sells 100 shares of Company X for a price of $9 per share
Suppose a high-income individual, subject to a 15% capital gains tax rate, sells 100 shares of Company X for a price of $9 per share (purchased at $10 each) and 500 shares of Company Y for a price of $51 per share (purchased at $50 each). How much in capital gains tax will he pay?
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