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Biden Cap Gains Tax changes -
Posted on 10/11/20 at 2:56 pm
Posted on 10/11/20 at 2:56 pm
Today on Sunday with Maria I learned Biden’s Capital Gains taxes would go from 20% to 39.6%. I hope everyone understands Cap Gains is not only short term stock trades, it’s real estate, art, and numerous other items.
8
Posted on 10/11/20 at 3:27 pm to AncientTiger
Ya but nobody making under $400k owns assets 
Posted on 10/11/20 at 3:51 pm to AncientTiger
Shhhhhhhhhhh
Posted on 10/11/20 at 4:01 pm to AncientTiger
Cap gains is also not short term stock trades. That’s already at ordinary rates
Posted on 10/11/20 at 4:09 pm to AncientTiger
Only on income above $1 million. Sort of important detail you left out.
Posted on 10/11/20 at 5:58 pm to AncientTiger
When have higher taxes ever resulted in growing an economy? All higher taxes do is expand government.
Posted on 10/11/20 at 6:54 pm to AncientTiger
quote:
art
Nope, currently at 31.8%
Posted on 10/12/20 at 7:40 am to AncientTiger
like everything else biden is lying just to appease the loons. doesnt matter either way if they dont take the senate.
Posted on 10/12/20 at 11:05 am to AncientTiger
I haven't heard anyone say that he would get rid of the home sale exclusion for principal residences. For many people, that's the extend of real estate holdings. Even fewer people sell appreciated art pieces.
I know these issues are of a higher relevance with the successful men and women of the MT, but unfortunetly, being upset is probably got going to get a whole lot of sympathy from most Americans.
I know these issues are of a higher relevance with the successful men and women of the MT, but unfortunetly, being upset is probably got going to get a whole lot of sympathy from most Americans.
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