- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
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.
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 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 4:34 pm to rotrain
Yea, but I don’t trust a word he says. He has literally flip flopped on everything he said before and during the DNC. This guy is not a leader with conviction. He just goes with what his influencers tell him. He can’t be trusted. With Trump, you know exactly what’s happening every 20 minutes of his every day. He is clear about what his plans are, and he follows through (despite everyone trying to stop him).
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 10/11/20 at 7:21 pm to LSUSUPERSTAR
Higher taxes often reduce government collections
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.
Posted on 10/12/20 at 11:17 am to fallguy_1978
quote:
Higher taxes often reduce government collections
Depends on how it is accomplished. Simply changing the rates won't bring in much more money and may reduce collections.
Reality is we have a federal debt that now exceeds 27 Trillion... approaching 82K per citizen and a stunning $217K per taxpayer... and growing. I just don't know how longer that is sustainable without reducing spending and/or adding new revenue.
Popular
Back to top
Follow TigerDroppings for LSU Football News