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Started By
Message
re: Biden Plans Retroactive Capital-Gains Tax Hikes to be Implemented This Year
Posted on 5/28/21 at 8:39 am to Douglas Quaid
Posted on 5/28/21 at 8:39 am to Douglas Quaid
Most W2 people cannot just stop paying in protest. The IRS can get that money without permission.
0
Posted on 5/28/21 at 8:50 am to NC_Tigah
Making something like that retroactive has to be illegal and challenged in courts
Posted on 5/28/21 at 9:13 am to NC_Tigah
Income over $1M
Who cares
Who cares
Posted on 5/28/21 at 9:15 am to PUB
quote:
Income over $1M
Who cares
Right, because they definitely won't taper this down to the middle class..
Rich people have always been willing to get bent over by the IRS in the name of fairness
Posted on 5/28/21 at 9:20 am to PUB
quote:The owner of this 793 SqFt House cares. . . .
Income over $1M
Who cares
Posted on 5/28/21 at 9:22 am to NC_Tigah
Pretty soon, we'll all be millionaires with bidens dumbass response to inflation.
Posted on 5/28/21 at 9:40 am to NC_Tigah
Susan Rice sure knows how to throw a leftist wet blanket on the investment climate.
Posted on 5/28/21 at 10:26 am to NC_Tigah
Freak em
Posted on 5/28/21 at 10:29 am to kengel2
how should they respond? 
this is years of bad decisions that can't be undone unless they let the whole thing reset itself and start over
this is years of bad decisions that can't be undone unless they let the whole thing reset itself and start over
Posted on 5/28/21 at 10:34 am to PUB
quote:youre an idiot
Income over $1M
Who cares
Posted on 5/28/21 at 10:53 am to HailToTheChiz
quote:
Biden plans retroactive hike in capital-gains taxes, so it may be already too late for investors to avoid it:
Yeah. Theft is a better description
Government destroyed The Mob because they were jealous of how they operated. Killed off the gangs and took over their ways.
Posted on 5/28/21 at 10:55 am to ninthward
Stick in where the sun does not shine. Have no sympathy for anybody complaining about people making a million a year paying mores taxes. Glad to meet you at Sonic
This post was edited on 5/28/21 at 11:00 am
Posted on 5/28/21 at 11:04 am to PUB
Divide and conquer is a pretty effective game plan obviously.
Posted on 5/28/21 at 11:08 am to Wraytex
It is.
Posted on 5/28/21 at 11:15 am to NC_Tigah
Horrible headline.
The president can "plan" whatever he wants, but Congress would need to sign off, and I doubt they can use reconciliation on this.
The president can "plan" whatever he wants, but Congress would need to sign off, and I doubt they can use reconciliation on this.
Posted on 5/28/21 at 11:29 am to Wraytex
Aka Playing to low IQ penis envy
Posted on 5/28/21 at 1:09 pm to NC_Tigah
It should be illegal to do this retroactively.
Posted on 5/28/21 at 1:39 pm to lynxcat
quote:
It should be illegal to do this retroactively.
Right? What's the limitation on retroactive taxes? Could they say, "we're retroactively changing the rate for income between $500k-1MM in 2017 to 50%"?
Posted on 5/28/21 at 4:11 pm to thunderbird1100
It's not illegal, Clinton did a retroactive tax increase in 1993. It will screw over taxpayers this year, but it will not generate as much in subsequent years because people will hold off selling assets so they don't have to pay higher taxes.
Posted on 5/28/21 at 4:19 pm to ldts
quote:
It's just a plain slimy way of doing things. Changing things like that retroactively is some banana republic third world shithole bullshite.
Aren’t tax cuts usually implemented retroactively, too?
This tax raise is not a surprise. It’s what everyone knew would happen. He didn’t hide this at all when running. I am surprised so many seem surprised by this. It definitely sucks, but we all knew this was coming. Elections have consequences.
This post was edited on 5/28/21 at 4:39 pm
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