Cumulative Capital Development Fund: Council wrestles with tax rate question


by The Republic

The Republic— Columbus City Council voted 6-0 to table the first reading of an ordinance that would affect a slight increase of one of the city’s tax rates. Continue reading at The Republic News.

Drudge Report—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 President Biden has formally proposed the highest 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

Zero Hedge—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...

KITCO—Biden's 2025 Budget proposal seeks to tax capital gains at 45%, eliminate crypto tax loopholes. The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.