Stocks Puke As Biden's Capital Gains Tax Reality Strikes

Source: https://www.zerohedge.com/markets/stocks-puke-bidens-capital-gains-tax-reality-strikes
Published: Apr 22, 2021
Author: Tyler Durden
Post Date: 2021-04-22 14:34:14 by Horse
Views: 956

The devil will be in the details -- will it be retroactive to January 1 of this year and then you wouldn’t need to sell right away? Will it be the beginning of next year? That all begs the question, will it get passed?

Poster Comment:

He has committed to passing a tax cut for the wealthy in Blue sates so they can deduct all of their state and local taxes. Trump raised taxes on the rich in Donkey states when he limited their state and local tax deductions.

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#1: Horse    To: All (#0)

https://www.zerohedge.com/political/biden-plans-capital-gains-tax-hike-help-finance-15-trillion-human-infrastructure-package

Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion "Human Infrastructure" Package

This could have serious repercussions for the market...

(Not likely to pass in the form he wants)

Horse posted on 2021-04-22 14:38:12   Reply   Private Reply

#2: TommyTheMadArtist    To: Horse (#0)

Hahahahahahahahahahahahahahahhahaahhaahahshshha let it all burn.

Let Biden and the pukes destroy this country and destroy the economy and once it is over let the purges begin.

Because elections have consequences you know lol....

TommyTheMadArtist posted on 2021-04-22 17:16:10   Reply   Private Reply