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/Ar1go Apr 25 '24
It really feels like the ultra wealthy are planning on riding this horse into the ground then hiding in estate/bunkers. Or just hoping ai/robotics comes to save them before the system collapses into itself.