'Absolutely out of control on taxation': Biden and IRS are RAISING capital gains rate


by TheBlaze

TheBlaze— President Biden and the IRS just can’t get enough of taxing Americans. The president is reportedly raising the capital gains rate to what some are calling the “highest formal federal capital gains,” with a budget proposal for fiscal year 2025, increasing the capital gain to 44.6%. “Capital gains is after you’ve already paid income tax,” Pat Gray says, disturbed. “Now, you’ve invested some of what you paid tax on, and you’ve gained some more money which they’re taxing, and now they want to...

dailym.ai—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.

Zero Hedge—Worst In 70 Years: Biden Approval Rating Absolutely Dismal. Worst In 70 Years: Biden Approval Rating Absolutely Dismal President Joe Biden has the worst job approval rating since Eisenhower during his recently completed 13th quarter in office, according to a new poll by Gallup. While Biden clocks in at 38.7%, the previous low was set by George H.W. Bush at 41.8% in 1992. Donald Trump and Barack Obama averaged 46.8% and 45.9% respectively during the same point in their presidencies. Prior to Bush, Jimmy Carter is the only other president...

New York Post—Sorry, Team Biden: Lower capital-gains taxes aren't racist — higher ones are. As usual, Biden’s got everything backwards on the economy. This time on capital gains taxes and racism.