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re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains
Posted on 4/25/24 at 10:49 am to Weekend Warrior79
Posted on 4/25/24 at 10:49 am to Weekend Warrior79
quote:
So, we will tax you at a rate of 25% on your unrealized gains, then when you take out the funds you get to pay us 44.6%?
Imagine someone like Elon when TSLA had a massive run. He'd have to tank his own stock to pay taxes.
1
Posted on 4/25/24 at 11:09 am to fallguy_1978
quote:
Imagine someone like Elon when TSLA had a massive run. He'd have to tank his own stock to pay taxes.
Considering Elon has not taken a salary since like 2018, he basically has zero taxable income. He would not meet the minimum income to be subject to these taxes as proposed.
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