Biden’s 44.6 Percent Capital Gains Tax Proposal a 100-Year High – IOTW Report

Biden’s 44.6 Percent Capital Gains Tax Proposal a 100-Year High

Geller Report:
The current rate sits below 25 percent. This unprecedented increase would would destroy capital investment and freeze U.S. growth. These demented clowns are evil.

15 Comments on Biden’s 44.6 Percent Capital Gains Tax Proposal a 100-Year High

  1. This is theft. Period. The reality is most of capital gains is a lie. It is mostly due to inflation. There is no gain in real dollars. A capital gains tax is in actuality theft of a fixed asset!

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  2. Like all historically deluded communists, the current crop believes that they can confiscate property and nothing except ownership will change. They believe this even though time and time and time again, history has proven them disastrously wrong.

    These communists are trying to prey upon the poor. Who are the poor in this nation? They have access to housing. They have access to food. They have cars, they have cell phones, and they have televisions. They have computers, they have internet, they have utility services, and they have access to a multitude of products. In most of the world, our poor would be at least middle class, and historically they would be considered rich.

    But what about the homeless? At least a quarter of homeless are in California – one of the most expensive places to live in the continental United States. New York is horribly expensive, as is Chicago and other urban areas. The homeless will never be able to afford to live in these places, and the “elites” don’t want them there anyway.

    When you take things away from people, they lose interest in taking care of their former possessions, they lose interest in taking risk if there is no reward, and they put in the least effort they can get away with. This is human nature, and the only way to “change” human nature is at the end of a gun.

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  3. right on wyatt. another poor tax. i guarantee you the top 1% do not give up nearly half of their “gain”. then again the top 1% transfer their wealth to its heirs. the poor get fleeced of most all wealth on retirement leading up to and upon death. its astounding poor people still try to eek out a living. i suspect the peasants keep their pitchforks close.

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  4. But butt Reaganomicide werks in our tiny little brains. Trickel down my panties always has supporters like Brad cause aftee counting his fingers & toes he gets easily confused by numbers.

  5. 1. Get out of the stock market before it crashes.
    2. Why would I give 44.6% capital gains when I risked 100% of all of it?
    3. Buy precious metals.
    4. The dollar is monopoly money worthless paper.
    5. Buy beans, bullets, and band-aids.

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