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Biden Weighs Raising Capital Gains Rate to Over 40 Percent
National Review ^
| April 22, 2021
| Zachary Evans
Posted on 04/23/2021 9:54:31 AM PDT by Aquamarine
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To: Aquamarine
“bipoc” impacted the most. No?
2
posted on
04/23/2021 9:55:18 AM PDT
by
rktman
(Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
To: Aquamarine
Democrats who make money on inside trading won’t like this.
3
posted on
04/23/2021 9:56:03 AM PDT
by
Bayard
To: Bayard
Democrats who make money on inside trading won’t like this. Oh, please, like they'd suffer the consequences. The middle class will just get soaked, as always.
4
posted on
04/23/2021 9:56:38 AM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: Aquamarine
To DemonRATs harming the economy is a feature. It’s what they seek.
5
posted on
04/23/2021 9:58:22 AM PDT
by
Seruzawa
(The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
To: Aquamarine
To bad Biden isn’t to announce a proposal for freezer money inspection in D.C..
6
posted on
04/23/2021 9:59:12 AM PDT
by
Vaduz
(women and children to be impacIQ of chimpsted the most.)
To: Aquamarine
Taxes, ah yes, Article II of the Constitution, POTUS has the power to set taxes.
7
posted on
04/23/2021 9:59:46 AM PDT
by
Cboldt
To: Aquamarine
Capital gains are racist.
8
posted on
04/23/2021 10:00:06 AM PDT
by
Shadylake
To: Shadylake
9
posted on
04/23/2021 10:02:00 AM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: dfwgator
Folks are speculating bitcoin gains to get pounded.
10
posted on
04/23/2021 10:02:31 AM PDT
by
NativeSon
( )
To: Aquamarine
Land of opportunity is now a myth.
11
posted on
04/23/2021 10:05:22 AM PDT
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: Aquamarine
wonder what that works out to on a BTC bought in the last few years, IRS say yuuuum yummmm...
12
posted on
04/23/2021 10:08:34 AM PDT
by
Chode
(there is no fall back position, there is no rally point, there is no LZ... we're on our own. P144:1)
To: Aquamarine
This is one of those things (Capital Gains Tax) which will require congressional approval. Not likely to happen. I would like to see him make a proposal rather than blather about it.
13
posted on
04/23/2021 10:09:27 AM PDT
by
Tallguy
To: Aquamarine
destroying USA includes destroying the economy, businesses, and jobs
it is that simple
14
posted on
04/23/2021 10:09:48 AM PDT
by
faithhopecharity
("Politicians are not born, they are excreted." Marcus Tullius Cicero (106 to 43 BCE))
To: unixfox
Tax dodges will pop up like flowers in the spring.
15
posted on
04/23/2021 10:10:13 AM PDT
by
Don Corleone
(leave the gun, take the canolis)
To: Aquamarine
If they pass this and eliminate the real estate basis step-up when a spouse dies, about 2/3 of our kids’ inheritance gets stolen. This absolutely sickens me. I want my lifetime savings to go to my kids, not the God Damned government which will waste it on Democrat marxist projects to destroy America and Western Civilization. The very idea of stealing our wealth to pay for “human infrastructure” is beyond infuriating.
God, I sure do miss President Trump. Every day Biden heaps another massive insult onto hard-working Americans.
16
posted on
04/23/2021 10:10:45 AM PDT
by
ProtectOurFreedom
(Real happiness is one that you share)
To: Seruzawa
it’s called Domestic Economic Terrorism.
17
posted on
04/23/2021 10:10:57 AM PDT
by
Chode
(there is no fall back position, there is no rally point, there is no LZ... we're on our own. P144:1)
To: Aquamarine
18
posted on
04/23/2021 10:11:44 AM PDT
by
GOP Poet
(Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
To: Bayard
Quick trades ...like stock options given at time of sale of business ...are treated as ordinary income
Not capital gains
I think at least it used to be.....one had to keep an asset a year
This is not good for anyone but uniparty to pay off their body apparatus
19
posted on
04/23/2021 10:13:07 AM PDT
by
wardaddy
(P IN 1999 JIM THOMPSON WAS RIGHT ABOUT THE BUSHES ...WE WERE WRONG lz’’z:s)
To: Aquamarine
capital gains are taxed only when they are sold and become realized
Beware any proposed taxes on ‘Unrealized Capital Gains’.
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