Biden Proposes A 44.6% Capital Gains Tax, Highest Ever In History
submitted 21 days ago by aboutday from (msn.com)
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[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 21 days ago (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 - 0 fun2 insightful - 1 fun - 20 days ago (3 children)
It's on income over a million.
[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 20 days ago (2 children)
Would you happen to know where to find that?
[–]Musky 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 20 days ago (1 child)
https://www.reuters.com/article/uk-factcheck-biden-capital-gains-tax-idUSKBN26Z2CA/
[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 20 days ago (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?
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[–]RedditButt 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (4 children)
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