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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 4/27/24 at 11:50 am to UltimaParadox
Posted on 4/27/24 at 11:50 am to UltimaParadox
quote:
While 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.
This is the head in the sand bs people from the left spout off as this country’s fiscal policy is further and further off the rails.
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