Question: Please, I need a help with this question. The effective tax rate on gain of $1 million resulting from the sale of qualified small business

Please, I need a help with this question.

The effective tax rate on gain of $1 million resulting from the sale of qualified small business stock obtained in 2005 in an initial public offering and held more than five years is 14%. Do you agree or disagree? Explain your answer in two short paragraphs.

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