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Halls of Shrewd'm / US Policy
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Author: longtimebrk   😊 😞
Number: of 48467 
Subject: Re: Biden Budget
Date: 03/13/2024 11:54 AM
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"And for myself, I see no reason why my investment gains, which I spend maybe a couple of hours/year on, should be taxed at lower rates than the money I *actually put in work* to earn. '


If you feel this way, just make a donation annually to the IRS to top up your capital gains and dividends taxes to the ordinary income rates.

I don't think this is a political issue. It is strictly business.

in other words, Will Berkshire buyback less stock with a 4% tax? I think so

Will many people with very large capitals gains sell before an increase in tax rates

would become effective? 100%

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