What was the tax on kaitlyn capital gain

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Reference no: EM131433831

Kaitlyn purchased one share of Northwest Energy stock for $200; one year later she sold that share for $400. The inflation rate over the year was 50 percent. The tax rate on nominal capital gains is 50 percent. What was the tax on Kaitlyn's capital gain?

  • $50
  • $75
  • $100
  • $200

Reference no: EM131433831

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