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The Water Cooler
General Discussion
Biden wants to increase taxes on all you rich working peeps.
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<blockquote data-quote="El Pablo" data-source="post: 3567943" data-attributes="member: 1563"><p>This really only affects the Elon Musks and Warren Buffets of the world, that have far more money than I do, and are taxed at a lower rate. Since most of their gains are via stock, and if you just hold on long enough you pay the capitol gains rate. Seems to me that capitol gains rate should be progressive too like the income taxes. Not just a set rate for everyone.</p></blockquote><p></p>
[QUOTE="El Pablo, post: 3567943, member: 1563"] This really only affects the Elon Musks and Warren Buffets of the world, that have far more money than I do, and are taxed at a lower rate. Since most of their gains are via stock, and if you just hold on long enough you pay the capitol gains rate. Seems to me that capitol gains rate should be progressive too like the income taxes. Not just a set rate for everyone. [/QUOTE]
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The Water Cooler
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Biden wants to increase taxes on all you rich working peeps.
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