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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains

Posted on 4/25/24 at 5:05 pm to
Posted by Weagle25
THE Football State.
Member since Oct 2011
46212 posts
Posted on 4/25/24 at 5:05 pm to
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…
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