Biden Proposes Massive Tax Increase

[Dos Equis]

I have some choice words for this man.   

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/

[Dos Equis]

A full list of his proposed tax increases, including raising the corporate tax rate.  This is the kind of thing you expect from a socialist idiot who has never run a business and does not understand how the economy works.  This would be a disaster.  I would walk over crushed glass to vote for Trump over Biden on this basis alone.

https://www.pgpf.org/blog/2024/04/president-bidens-budget-calls-for-raising-43-trillion-in-revenues-over-ten-years-heres-how

[chaos]

ORANGE MAN BAD!!!!

[IroNat]

The proposed cap gains tax rate increase applies to investors who make over $1 million a year.

See details:

https://www.kiplinger.com/taxes/biden-calls-for-doubling-capital-gains-tax-rate

This will never pass.

Some of it is bargaining.  Ask for a lot...settle for less.

[Moontrane]

I have some choice words for this man.   

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/

Damn the tax revenue, It's about fairness!

[Soul Crusher]

Worst presidency in lifetime.    Horrible.   

I have some choice words for this man.   

Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
And don’t forget to add the state capital gains tax: the Biden combined federal-state rate would exceed 50% in many states
John Kartch
04/23/2024
https://www.atr.org/biden-calls-for-44-6-capital-gains-tax-rate-highest-capital-gains-tax-since-its-creation-in-1922/

[Gym Rat]

Pant-Shitter and his "gang of groin-gravy guzzling goofballs" deserve a plane crash...

[IroNat]

More taxes, more dates.

[IroNat]

Pant-Shitter and his "gang of groin-gravy guzzling goofballs" deserve a plane crash...

I think black folk prefer Popeyes's.

[Dos Equis]

Worst presidency in lifetime.    Horrible.

And I didn't think we could have done worse than Obama.  We did. 

[Grape Ape]

Taxing unrealized capital gains is madness.

The tax in and of itself is stupid.

[SOMEPARTS]

Anything to kill the middle class. There are many nimby libs who think they are above middle class status. They aren't.

[Humble Narcissist]

Living up to the "you will own nothing and be happy" promise. The death tax is probably the worst.

[Dos Equis]

Taxing unrealized capital gains is madness.

The tax in and of itself is stupid.

Agree.

[Dos Equis]

Steve Forbes: America will be in another Great Depression if Biden does this

[Coach is Back!]

And I didn't think we could have done worse than Obama.  We did.

50 years in DC and literally nothing meaningful to show for it except for being a known racist and segregationist. You don't become a career politician unless there's money to be made, especially if you're in for 50 friggen years.