President Biden suggested capital gains tax rate is the highest since 1922

The Kobeissi Letter

@KobeissiLetter

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JUST IN: President Biden proposes increasing capital gains tax rates to 44.6%, the highest since 1922. Currently, the highest long-term capital gains tax rate is 20%. He has also proposed a 25% tax on unrealized capital gains for wealthy individuals. Should this be approved?

Watcher.Guru

@WatcherGuru

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🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history. The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.