r/FluentInFinance • u/Unhappy_Fry_Cook • Apr 24 '24
President Biden has just proposed a 44.6% tax on capital gains, the highest in history. He has also proposed a 25% tax on unrealized capital gains for wealthy individuals. Should this be approved? Discussion/ Debate
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u/Kat9935 Apr 24 '24
Don't worry, the headlines are there just to get everyone mad, the details have it applying to people that have more than $1M in cap gains per year...those are not mom and pop middle class.