What is the average personal gains tax in the US?

I have investment, I take out the "interest only" to live off of each year. How much an I taxed? Does it differ by state?

There is no "personal gains tax" in the US.

The interest earned is fully taxable in the year it's credited to your account. How much you withdraw doesn't matter.

Your tax bill will depend upon how much interest your investment earned. If you have more than $850 in unearned income, you must file a tax return and pay any taxes due.

You're taxed on the interest and the increase in potential value of your capital. This can be a city and county tax and is a state and federal tax. However, thanks to Bushy Wushy, you can make about 300K before your tax kicks into the 50% and above.

You are not taxed on "the increase in potential value of your capital." Only when you sell an investment are you possibly subject to taxation on the gain in the investment's value.

What is subject to tax depends on what kind of investments you own and what kind of income they produce. Interest income is taxed at your marginal tax rate. Qualified dividends are taxed at either 5% or 15% depending upon what tax bracket you otherwise fall into.

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