🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history.

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.

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JUST IN: President Biden proposes increasing capital gains tax rates to 44.6%, the highest since 1922.

Currently, the highest long-term capital gains tax rate is 20%.

He has also proposed a 25% tax on unrealized capital gains for wealthy individuals.

Should this be approved?

The capital gains rate should be 0%

Property tax… 0%

Estate tax… 0%

Income tax… 10% flat

Encourage investment, actually own your property and legacy, simplify things, start over from scratch with government spending.

Here’s a bad chart for illustration:

Taxes on unrealized capital gains is the most absurd galaxy brain idea ever conceived

GM homies.

Taking a short flight to Malaysia’s capital.

Those that are attending the meet up tonight, I’ll see ya all there.

#readysetduplicar

🤝

Biden's campaign team seeing him propose a 44.6% capital gains tax in an election year

Let’s just be realistic here without bias. When I look at this price action on #BTC it does give me cause for concern as an analyst. However we’re not at a point where we can make any determinations because it also very choppy price action. Time and more macro economic data will

Biden proposes 44.6% capital gains tax, from current 19%.

Can’t even come up with his own ideas taking a page out of Trudeau playbook who raised Canada to 66%

And he ignored how that played out for the last guy who tried it… the entire country went red.

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Oh my god he’s reading the stage directions 😂

One of the camerapersons from our BCCI Production Crew got hit during the #DCvGT match.

Rishabh Pant - Delhi Capitals' captain and Player of the Match - has a special message for the cameraperson.

#TATAIPL | Delhi Capitals | Rishabh Pant

Wow - so Biden wants to raise the capital gains taxes to 44.6% 🤦🏼‍♂️

How does crypto twitter feel about this?

funniest thing about my life is i had this larp career

like, 15 years in banking wearing a suit and tie costume

thats larp, was good at it, but still larp

i was always a funny retard though, that was never larp

funny retard my whole life

and once i decided to follow my dream

44% capital gains tax is absurd

The US is actually trying to repel talent and wealth at this point…

Hozier talks about his bees and his naming ceremonies on CAPITAL FM 🤣