Joe Biden just announced he is seeking the highest increase in capital gains tax in more than 100 years — a raise to 44% which is absolutely stunning
Not only do they want to RAISE taxes, they also want to create a whole new category: an unrealized capital gains tax of 25%
So if you have $100,000 of Bitcoin and it goes up to $200,000… but you don’t withdraw it and cash it out only at $100,000… you still owe Biden $25,000.
https://wltreport.com/2024/04/24/joe-biden-pushing-biggest-tax-increase-100-years/
LoriQuaid /
npub1exj…m5jp
2024-04-25 11:20:05
Author Public Key
npub1exjxd3sg5ytmj4mdz349t3rw5xvnmv0aaq33f5de077c0csx77nq6hm5jpPublished at
2024-04-25 11:20:05Event JSON
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"content": "Joe Biden just announced he is seeking the highest increase in capital gains tax in more than 100 years — a raise to 44% which is absolutely stunning\n\nNot only do they want to RAISE taxes, they also want to create a whole new category: an unrealized capital gains tax of 25%\n\nSo if you have $100,000 of Bitcoin and it goes up to $200,000… but you don’t withdraw it and cash it out only at $100,000… you still owe Biden $25,000.\nhttps://wltreport.com/2024/04/24/joe-biden-pushing-biggest-tax-increase-100-years/",
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