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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][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] Next time you hear Musk complaining about immigration, just know that this is actually what he cares about.[/quote] It’s possible to have two thoughts at the same time. I am worried about Biden’s tax policy and his immigration policy (if you can call it that). [/quote] Are you referring to the immigration policy that was bipartisan legislation in Congress that Republicans decided to kill because Donald Trump wanted an election issue rather than a solution to the problem? That policy? I just want to be clear. Because when you say "if you can call it that" my take is that "it" is the legislation that Trump ordered killed because he wanted to run on the issue. Just asking. Please clarify.[/quote]
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