FJB
2024-03-13 06:28:57 UTC
Biden plan would increase taxes on investments to 44.6%
Taxes will be top issue in 2025 when Trumps tax cuts expire
President Joe Bidens budget proposal which calls for sweeping tax
increases on corporations and the wealthy is the opening round of a
looming tax fight set to consume Washington next year.
Congress will be forced into tough negotiations over the future of the tax
code, with large portions of former President Donald Trumps 2017 cuts set
to expire at the end of 2025. Many lower- and middle-income households
will see a tax increase if lawmakers dont act, providing motivation for
both Democrats and Republicans.
So asshole Joe Biden decides to screw those who work hard, save their
money, invest, and make positive gains. Get this fucking clown out of
here.
https://www.bloomberg.com/news/articles/2024-03-11/capital-gains-hikes-at-
center-of-biden-s-second-term-tax-agenda
Taxes will be top issue in 2025 when Trumps tax cuts expire
President Joe Bidens budget proposal which calls for sweeping tax
increases on corporations and the wealthy is the opening round of a
looming tax fight set to consume Washington next year.
Congress will be forced into tough negotiations over the future of the tax
code, with large portions of former President Donald Trumps 2017 cuts set
to expire at the end of 2025. Many lower- and middle-income households
will see a tax increase if lawmakers dont act, providing motivation for
both Democrats and Republicans.
So asshole Joe Biden decides to screw those who work hard, save their
money, invest, and make positive gains. Get this fucking clown out of
here.
https://www.bloomberg.com/news/articles/2024-03-11/capital-gains-hikes-at-
center-of-biden-s-second-term-tax-agenda