Biden Calls for 44.6% Capital Gains Tax Rate, Highest Capital Gains Tax Since Its Creation in 1922
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Biden Calls For Record High 44.6% Capital Gains Tax Rate
Biden Calls For Record High 44.6% Capital Gains Tax Rate By John Kartch of Americans For Tax Reform President Biden has formally proposed the highest top capital gains tax in over 100 years. Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent.” Yes, you read that correctly: A Biden top capital gains and dividends tax rate of 44.6%. Under the...
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Biden Capital Gains Rate Proposal: 44.6%?
Much has been made of President Biden's proposal in the Budget of the United States Government, Fiscal Year 2025, to raise capital gains...
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The 11 states where Americans face at least 50% capital gains tax rates if Biden's plan passes do YOU live in one of them?
If Joe Biden is successful in getting passed his massive capital gains tax rate hike, Americans in 11 states will be paying next year upwards of 50 percent when they sell off their assets.