leftwinger
Diamond Member
Good, tax the shit out of them.
And do what with the revenue? Waste 50%? Steal 10%? Like it is right now you dumb dirty black - tounged buzzard.
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Good, tax the shit out of them.
Now do the House and Senate.
And do what with the revenue? Waste 50%? Steal 10%? Like it is right now you dumb dirty black - tounged buzzard.
88 is a gang signEighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
These losers are ENDORSING a president that wants them to share their unrealized billions in gain on their assets.
Totally surprised but not unexpected when you look at some of the endorsers.
James Murdoch, former CEO of 21st Century Fox and an heir to the Murdoch family media empire and the billions that he will inherit....
wonder how much of his and the other 87 endorsers of paying taxes on money that they haven't yet received.
One of the proposals is a 25% minimum tax on total income, including so-called “unrealized gains,” or asset growth, exceeding $100 million. This is known as the billionaire minimum tax.![]()
Kamala Harris Calls for 28% Capital Gains Tax, Diverging from Higher Biden Rate
Capital gains tax rates are an important issue for some voters in the upcoming November election.www.kiplinger.com
Currently, investors incur capital gains taxes of 0%, 15% or 20% after selling a profitable asset owned for more than one year.
- If that provision is enacted, taxpayers with wealth above the $100 million threshold would have to report unrealized gains for each asset class annually, including the basis, or original purchase price, and market value as of Dec. 31. They would also report total liabilities.
- As of June 2023, there were 10,660 centi-millionaires, or people with at least $100 million in assets, living in the U.S., according to a report from Henley & Partners, a wealth and migration advisory firm. The report used data from New World Wealth.
Plus, there’s an extra 3.8% net investment income tax for higher earners.