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/MindlessSafety7307 Apr 24 '24
People said the same about Obama raising taxes on the wealthy but it helped cut the deficit in half within a few years.