Why the hell does the Government feel entitled to almost 50% of your return on an investment????? They didn't take the risk, investors did..........

Biden's capital gains tax proposal could crush the economy, experts say

'These are the really dangerous Biden proposals,' Americans for Tax Reform economist says

President Biden's latest proposal to hike the top capital gains tax rate to its highest level in more than a century is facing heavy criticism from experts who warn such an action could significantly harm the U.S. economy.

According to a report issued by the Treasury Department, led by Secretary Janet Yellen, the president's proposed fiscal year 2025 budget would increase the top marginal rate on long-term capital gains and qualified dividends to a staggering 44.6%. A capital gains tax hike of that magnitude would take the rate to its highest level since it was first introduced in the early 1920s.

https://www.foxnews.com/politics/bidens-...xperts-say

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