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If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It will be very devastating for seniors living on their investments. With ZIRP, interest rates are so low that many seniors are investing in dividend paying stocks to make ends meet. With the increase in capital gains rates, they'll see their capital erode as well.
Thanks Bernanke!
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It will be very devastating for seniors living on their investments. With ZIRP, interest rates are so low that many seniors are investing in dividend paying stocks to make ends meet. With the increase in capital gains rates, they'll see their capital erode as well.
Thanks Bernanke!
Also, just when housing market was starting to rebound..
From what I've read the bill floating right now would raise capital gains from 15% to 20% only for income above 450k.
Where did you hear that capital gains have gone up to 33%?
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
From what I've read the bill floating right now would raise capital gains from 15% to 20% only for income above 450k.
Where did you hear that capital gains have gone up to 33%?
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
I am very interested to see how the market reacts tomorrow and the rest of this short work week.
I think I get it, he's saying will go up by 33%, which would be 15 to 20.
Given that it would only apply to households with incomes over 450k do you really think this will "devastate" seniors/retirees?
It is hard to understand because it isn't true.The capital gains tax would be 33% higher than it was last year. What's so hard to understand?
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It will be very devastating for seniors living on their investments. With ZIRP, interest rates are so low that many seniors are investing in dividend paying stocks to make ends meet. With the increase in capital gains rates, they'll see their capital erode as well.
Thanks Bernanke!
Also, just when housing market was starting to rebound..
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It looks like investors paying five cents more on a profit dollar wasn't as devastating as you hoped.
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It looks like investors paying five cents more on a profit dollar wasn't as devastating as you hoped.
If this bill gets passed by the house, I think this will be devastating for the market. I surprised we didn't see more of a sell off prior, even with the January effect kicking in.
It looks like investors paying five cents more on a profit dollar wasn't as devastating as you hoped.
Where'd you get 5 cents more on a profit dollar? Whatever that means.
Capital gains tax is 58% higher than it was last year, for anyone making 400k or more. That's not a good thing for the market.