[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Mass job losses as major factory owner moves business overseas Israel kills IDF soldiers in Lebanon to prevent their kidnap 46% of those deaths were occurring on the day of vaccination or within two days In 2002 the US signed the Hague Invasion Act into law MUSK is going after WOKE DISNEY!!! Bondi: Zuckerberg Colluded with Fauci So "They're Not Immune Anymore" from 1st Amendment Lawsuits Ukrainian eyewitnesses claim factory was annihilated to dust by Putin's superweapon FBI Director Wray and DHS Secretary Mayorkas have just refused to testify before the Senate... Government adds 50K jobs monthly for two years. Half were Biden's attempt to mask a market collapse with debt. You’ve Never Seen THIS Side Of Donald Trump President Donald Trump Nominates Former Florida Rep. Dr. Dave Weldon as CDC Director Joe Rogan Tells Josh Brolin His Recent Bell’s Palsy Diagnosis Could Be Linked to mRNA Vaccine President-elect Donald Trump Nominates Brooke Rollins as Secretary of Agriculture Trump Taps COVID-Contrarian, Staunch Public Health Critic Makary For FDA F-35's Cooling Crisis: Design Flaws Fuel $2 Trillion Dilemma For Pentagon Joe Rogan on Tucker Carlson and Ukraine Aid Joe Rogan on 62 year-old soldier with one arm, one eye Jordan Peterson On China's Social Credit Controls Senator Kennedy Exposes Bad Jusge Jewish Land Grab Trump Taps Dr. Marty Makary, Fierce Opponent of COVID Vaccine Mandates, as New FDA Commissioner Recovering J6 Prisoner James Grant, Tells-All About Bidens J6 Torture Chamber, Needs Immediate Help After Release AOC: Keeping Men Out Of Womens Bathrooms Is Endangering Women What Donald Trump Has Said About JFK's Assassination Horse steals content from Sara Fischer and Sophia Cai and pretends he is the author Horse steals content from Jonas E. Alexis and claims it as his own. Trump expected to shake up White House briefing room Ukrainians have stolen up to half of US aid ex-Polish deputy minister Gaza doctor raped, tortured to death in Israeli custody, new report reveals German Lutheran Church Bans AfD Members From Committees, Calls Party 'Anti-Human'

National News
See other National News Articles

Title: Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
Source: [None]
URL Source: https://www.atr.org/biden-calls-for ... ax-since-its-creation-in-1922/
Published: Apr 24, 2024
Author: Staff
Post Date: 2024-04-24 19:56:09 by Horse
Keywords: None
Views: 35

And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states

President Biden has formally proposed the highest top capital gains tax in over 100 years.

Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent.”

Yes, you read that correctly: A Biden top capital gains and dividends tax rate of 44.6%.

Under the Biden proposal, the combined federal-state capital gains tax exceeds 50% in many states. California will face a combined federal-state rate of 59%, New Jersey 55.3%, Oregon at 54.5%, Minnesota at 54.4%, and New York state at 53.4%.

(1 image)

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]