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Topic	President Biden proposes a 44.6% capital gains tax, the highest in history
ShineboxPhil 04/24/24 5:45:24 PM #23:	Xenogears15 posted... Why the fuck were doctors complaining about it? Is it ALL income over $250k? Or just money gained on the stock market? The doctor's argument is that almost all of them are independent contractors so they don't get a pension plan. they save a portion of their income investing for their retirement. Usually when they retire, they sell their firm (patients and equipment) to someone else. After 30-40 years, that investment would definitely increase substantially and now it's subject to the new capital gains tax. They claim cause of this, it's only going to push more doctors to move to America or the uk. --- Vegas Golden Knights, Denver Nuggets, Texas Rangers, Kansas City Chiefs, Manchester City #1 Fan <cite>ShineboxPhil posted [p:980075651] in President ... [t:80754685]...</cite> <quote>Xenogears15 posted... </cite><quote>Why the fuck were doctors complaining about it? Is it ALL income over $250k? Or just money gained on the stock market?</quote>The doctor's argument is that almost all of them are independent contractors so they don't get a pension plan. they save a portion of their income investing for their retirement. Usually when they retire, they sell their firm (patients and equipment) to someone else. After 30-40 years, that investment would definitely increase substantially and now it's subject to the new capital gains tax.They claim cause of this, it's only going to push more doctors to move to America or the uk. --- Vegas Golden Knights, Denver Nuggets, Texas Rangers, Kansas City Chiefs, Manchester City #1 Fan</quote> ... Copied to Clipboard!
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