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Reply to "biden pushing for new capital gains tax "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]He’s just considering proposing that for people making over a $1 million the capital gains tax rate is the same as a the ordinary income rate. It’s a way to avoid all the ridiculous games like the carried interest loophole that lets hedge fund managers making $50 million pay tax at a lower rate than w-2 employees making $200k. [/quote] This. Unless you are a hedge fund manager or a billionaire, this doesn't impact you. And if you fall into one of these categories, then county your blessings for the opportunities this country has afforded you to make some serious money.[/quote] Hunter paid his taxes yet? Are hookers still deductible?[/quote] Yes he has paid all taxes and penalties. This is why it is strange the government is going after him. Paid everything. The only people who are prosecuted for failure to pay taxes are people who do not pay their taxes. [/quote]
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