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
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Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of billions in new spending aimed at making housing more affordable and improving the lives of young people.
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...
WASHINGTON >> President Joe Biden said today he strongly supports a proposal from Republican House Speaker Mike Johnson to provide aid to Ukraine, Israel and Taiwan, sending crucial bipartisan support to the effort this week to approve $95 billion in funding for the U.S. allies.
President Joe Biden says that he strongly supports a proposal from Republican House Speaker Mike Johnson to provide aid to Ukraine, Israel and Taiwan. His words send crucial bipartisan support to the effort to approve $95 billion in funding for the U.S. allies. Before potential weekend voting, Johnson is facing a choice between losing his job and aiding Ukraine. He notified lawmakers Wednesday that he would forge ahead despite growing anger from his right flank. Shortly after Johnson released...
President Joe Biden has repeatedly said he won’t hike taxes on anyone earning less than $400,000, but then this week he promised on X to hike taxes on just about everyone. Now, to be fair, Biden may not have understood that’s what he’s saying. Letting the Tax Cuts and Jobs Act expire and “stay expired” […]
President Joe Biden wants voters to believe his tax plans take from the rich to give to the poor, but in reality they rob us all to pay off the millionaires and billionaires who bankroll today’s Democratic Party. “Taxes,” Biden said in hardscrabble Scranton, Pennsylvania, on Tuesday, where he returned to pretend he isn’t a money-larded creature […]
Taxing Unrealized Gains Would Obliterate The U.S. Economy Submitted by QTR's Fringe Finance Having used up all of the rest of the batshit, insane, counterintuitive economic dirty tricks left in the "we'll literally do anything but cut spending" bag, the Biden administration is pushing what could be the most destructive idea for our country since prohibition: taxing unrealized gains. As part of its budget proposal for the 2025 fiscal year, the Biden administration is trying to...
Much has been made of President Biden's proposal in the Budget of the
Joe Biden says he will let Donald Trump's across-the-board $2 trillion tax cut expire. That would mean the biggest tax increase in history.
In addition to destroying normal people’s ability to pay for oil, housing, and food, now Democrats have their sights set on medicine.