Started By
Message

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

Posted on 4/26/24 at 3:27 pm to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40883 posts
Posted on 4/26/24 at 3:27 pm to
quote:

It's actually not. A working couple with 2 professionals (like 2 doctors) can easily be making that.


Considering that is per person.. So you guys are making 1 million in taxable W2 income, and collecting over 400K in qualified dividends and interest? Which obviously does not include tax advantaged accounts.

That is a very very small set of people no matter how you slice it.

I am not saying it is good thing. This idea will never see the light of day, it is purely political theater. But yeah we are talking about a very small set of people.

Most wealthy people are not pulling in 1 million of W2 income a year, on purpose.
This post was edited on 4/26/24 at 3:28 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram