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| Topic | President Biden proposes a 44.6% capital gains tax, the highest in history |
| emblem-man 04/24/24 5:54:50 PM #27: | Taken as a whole, then, the 44.6% rate would only come to fruition under a separate proposal from the Biden administrations main capital gains rate increase, and only apply to those individuals with taxable income above $1 million and investment income above $400,000. That isnt quite as cataclysmic a policy shift as referring to a blanket 44.6% long-term capital gains rate would suggest. Honestly, it should kick in way before that $1million/400k benchmark as well --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate ... Copied to Clipboard! |
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