- Mar 25, 2017
- Reaction score
So you're saying the .1% will just put money in FDIC accounts unless they keep the long term cap gain tax break?
Income is not income. Investments that trigger capital gains usually have a higher risk and does not have FDIC insurance. Now if your want to prevent investments, a higher tax on capital gains is one sure way to go.
They'll find less riskier investments.
Which will do what to capital markets and the economy? Firms rely on capital markets as well as debt markets.
You can bet the economy will truly become a Biden economy.