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

Posted on 4/25/24 at 12:35 pm to
Posted by BottomlandBrew
Member since Aug 2010
27148 posts
Posted on 4/25/24 at 12:35 pm to
Only the dumbest of the dumb think taxing you on potential earnings is a good idea. There is no way that would ever pass. The rich that donate to congresspeople would not allow it. It would have massive economic impacts.
Posted by Big Scrub TX
Member since Dec 2013
33577 posts
Posted on 4/25/24 at 1:15 pm to
quote:

Only the dumbest of the dumb think taxing you on potential earnings is a good idea. There is no way that would ever pass. The rich that donate to congresspeople would not allow it. It would have massive economic impacts.
If anything, wealthy democrats would be even more against it. Truly, no chance of passing.
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