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What is the difference between a capital gains tax and a sales tax?​

User Eden
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Answer:

Long-term capital gains are usually taxed at a lower rate. Any capital gain you make on a short-term property is taxed at your regular income tax rate. However, if you can hold on to a property for more than one year, you could pay significantly less.

Step-by-step explanation:

User Himanshu Padia
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Answer:

Capital gains tax is a lower tax price, because it is the sales price minus the original cost. A sales tax on the other hand is a higher tax that is going to the government.

Step-by-step explanation:

User Weera
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