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Started By
Message
re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 4/25/24 at 9:30 am to KennytheTiger
Posted on 4/25/24 at 9:30 am to KennytheTiger
quote:
Lazy post. Very misleading without the limits. Only applies to income over $1M. Doubt it passes,but expect a watered down version sometime soon.
Go read the history of income tax and get back to us on the “only applies to income over $1mm”
Either way, taxing unrealized gains is the stupidest economic policy ever proposed by a president. A watered down version would be equally stupid. I don’t care if it doesn’t apply to me (yet).
Posted on 4/25/24 at 9:44 am to RebelExpress38
I have not commented for or against the proposal. Only that posting about it without the context of the limits is not good communication. Pay attention. Maybe this thread should be on the OT?
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