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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 4/25/24 at 2:27 pm to RebelExpress38
Posted on 4/25/24 at 2:27 pm to RebelExpress38
They just need to tax all income as ordinary after a certain point. No reason warren buffett and mitt romney etc should have a lower tax rate than someone making $500,000 in salary.
2
Posted on 4/25/24 at 5:05 pm to lsu13lsu
quote:
They just need to tax all income as ordinary after a certain point. No reason warren buffett and mitt romney etc should have a lower tax rate than someone making $500,000 in salary.
They don’t have a lower effective rate because of lower tax rates on capital gains…
Posted on 4/26/24 at 2:51 pm to lsu13lsu
quote:
They just need to tax all income as ordinary after a certain point. No reason warren buffett and mitt romney etc should have a lower tax rate than someone making $500,000 in salary
The only way they have a lower tax rate is if they half less income. Buffet is intellectually dishonest every single time he makes the claim his secretary pays a higher effective rate than he does.
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