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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 4/25/24 at 3:41 pm to UltimaParadox
Posted on 4/25/24 at 3:41 pm to UltimaParadox
quote:
hile it will never pass, It required an income over 1 million and an invest income over 400K.
That is very very small set of people. There are actually very few people who have standard income that high, and that is by design. Probably professional athletes might be one of the biggest sets of people.
Not sure how there is any discussions for lower and middle class at all.
Once again, this is in a separate proposal from his budget. So even they know it is just political posturing.
Just think about income tax and the 16th.
At the time barely anyone made enough to be taxed.
Now look at us.
Advocating to tax money not earned. L o fricking l
This post was edited on 4/25/24 at 3:42 pm
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