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

Posted on 4/30/24 at 6:36 am to
Posted by bubba102105
Member since Aug 2017
447 posts
Posted on 4/30/24 at 6:36 am to
quote:

Only applies to income over $1M


$1m will be the starting point; they'll minimize the number of people it will affect to get it approved. Then over time, as they need more money to compensate their oblivious spending, that number will get lower and lower.
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