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re: “Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans”
Posted on 4/22/21 at 5:43 pm to xxTIMMYxx
Posted on 4/22/21 at 5:43 pm to xxTIMMYxx
This a-hole is stripping all motivation and aspirations from its people. It’s insanity if you want a productive and forward moving populous
This post was edited on 4/22/21 at 5:44 pm
Posted on 4/22/21 at 5:49 pm to League Champs
quote:Why would crypto be any different than equities when talking about the 43.4$ capital gains tax?
crypto about the get crushed.
Posted on 4/22/21 at 5:51 pm to TigerTatorTots
it's just what they hope, but not reality
they can't stand that plebs like us are getting wealthy from stacking magic internet coins
they can't stand that plebs like us are getting wealthy from stacking magic internet coins
Posted on 4/22/21 at 5:53 pm to rocket31
Post your agi from 2020 before you spew.
Posted on 4/22/21 at 5:56 pm to natsoundup
just like i said ^
these people are mad lol
these people are mad lol
Posted on 4/22/21 at 6:13 pm to RebelExpress38
Elections have consequences
But I guess only hollywood high earners vote democrat.
When will there be a taxpayer revolt? They waste 80 cents of every dollar they take in.
But I guess only hollywood high earners vote democrat.
When will there be a taxpayer revolt? They waste 80 cents of every dollar they take in.
Posted on 4/22/21 at 6:15 pm to kywildcatfanone
if we successfully chase all capital out of the United States, don’t fret; the money printers are always there to save the day
Posted on 4/22/21 at 6:17 pm to Ross
Anybody who voted for this should drink bleach. Dumbest people on earth
Posted on 4/22/21 at 6:20 pm to RebelExpress38
Wait until he eliminates step up basis in real estate and you owe cap gains on real estate sales even if you reinvest. That combined with this is going to cause some selling off in real estate.
Posted on 4/22/21 at 6:22 pm to Ross
let's just go with the idea that they released these rumors so just they could buy the dip
This post was edited on 4/22/21 at 6:25 pm
Posted on 4/22/21 at 6:27 pm to SkinnyTestaverde
Some are getting what they deserve. I know someone that voted Biden and is now scraping their 5-year prep to sell plan and instead is trying to figure out how to sell an $80MM company before the end of the year.
Posted on 4/22/21 at 6:36 pm to kywildcatfanone
quote:
Stolen Elections have consequences
Posted on 4/22/21 at 6:47 pm to RebelExpress38
The sell off doesn't really make sense to me. Almost everything the wealthy get ROI from is capital gains whether its Real Estate, Equities, Bonds, etc. I'm sure their teams of lawyers and accountants will be able to skirt around the new laws as people like me and you will not be able to.
All of the people who made a ton on GME, AMC, and Crypto this year really pissed the big dogs off and now they're coming to collect their "fair" share.
All of the people who made a ton on GME, AMC, and Crypto this year really pissed the big dogs off and now they're coming to collect their "fair" share.
Posted on 4/22/21 at 7:11 pm to TigerTatorTots
quote:
Why would crypto be any different than equities when talking about the 43.4$ capital gains tax?
The market dropped 1% after the news. How far did bitcoin drop? Its a purely speculative market, and the tax will create panic selling before the tax is signed into law.
Posted on 4/22/21 at 7:21 pm to ithad2bme
quote:
Wait until he eliminates step up basis in real estate and you owe cap gains on real estate sales even if you reinvest. That combined with this is going to cause some selling off in real estate.
This would suuuuuck
Posted on 4/22/21 at 8:15 pm to RebelExpress38
And yet plenty of rich leftists will line up to pay it
Posted on 4/22/21 at 8:22 pm to bayoubengals88
quote:
I don't see what the problem is here.
An extremely low number of people make more than 1 million dollars annually.
“it doesn’t apply to me so I don’t care” might be the dumbest opinion you can have when it comes to government taking something away from citizens
Posted on 4/22/21 at 8:29 pm to xxTIMMYxx
Biden is a puppet for the Socialist left. They don’t like successful and responsible people.
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