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Biden wants to double capital gains tax, make it 39.6%.

Posted on: August 23, 2019 at 08:36:24 CT
RHAYWORTH MU
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https://www.atr.org/biden-capital-gains-tax-we-should-raise-tax-back-396-percent

So, short term capital gains are 50%, long term is 39.6%.

Not much point in investing with that kind of raping from govt.

and that's not including any state taxes on it either.

The party of taxation and socialism rides again.

Edited by RHAYWORTH at 08:36:44 on 08/23/19
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Biden wants to double capital gains tax, make it 39.6%. - RHAYWORTH MU - 8/23 08:36:24
     That is beyond stupid (nm) - Sal KC - 8/23 09:07:24
          What other taxes is he cutting? (nm) - mizzouSECedes STL - 8/23 09:03:29
     People wouldn’t stop investing, they’d stop selling(nm) - tiger4real MU - 8/23 08:47:35




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