Biden Proposes A 44.6% Capital Gains Tax, Highest Ever In History

submitted by aboutday from (msn.com)

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[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

The article seems intentionally vague.

What tax bracket and circumstances is this 44.6% imposed on?

I can't even find it, here: https://home.treasury.gov/system/files/131/General-Explanations-FY2025.pdf

[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

It's on income over a million.

[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Would you happen to know where to find that?

[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

https://www.reuters.com/article/uk-factcheck-biden-capital-gains-tax-idUSKBN26Z2CA/

[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Seems weird it's just speculated about in a news article, but no actual bill or real details linked to it.

"This article was produced by the Reuters Fact Check team"... yeah, WHERE?