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Higher capital gains taxes tops out at 44% Now?

serfserf Member Posts: 9,225 ✭✭✭✭


Bernie and Elizabeth must be putting something in his tea cup! 😎

serf

https://www.cnbc.com/2021/04/21/stock-market-futures-open-to-close-news.html

Bloomberg News reported Thursday afternoon that Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans. The proposal would hike the capital gains rate to 39.6% for those earning $1 million or more, up from 20% currently, according to Bloomberg News, citing people familiar with the matter. Reuters and the New York Times later matched the headlines.

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