The capital gains tax is 20% plus 3.8 for obamacare on unearned income. So it’s 23.8 percent. Very close to 25 percent already so WTF is he talking about. Unless he wants to tax unrealized capital gains. Someone should ask Biden about this, it would be fun to hear him try to say the word “unrealized”.
But isn’t the top rate already 39.6%?
EC