capitalgainstaxrate
In hisDaily Market Notes report to investors, while commenting on the increase in tax rate sinking stocks, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more Stocks Sink Due To The Increase In Capital Gains Tax RateThe proposed long-term capital gains tax rate increase from 20% to 39.6% on taxpayers with incomes in excess of $1 million per year sunk stocks today. Another proposal is to raise the tax basis on estates, by using a “stepped up basis” versus the cost basis of the asset. Frankly, I suspect that these proposed tax increases will be knocked down at the hands of Se...
ValueWalk
The Federal debt has surpassed the size of our entire economy. That hasn’t occurred since the end of World War II 75 years ago. And it doesn’t even include President Biden‘s $1.9 trillion COVID bill and other plans in the works to eliminate the Trump tax cuts, raise the corporate tax rate, and as much as double the capital gains tax rate. Q4 2020 hedge fund letters, conferences and more The Impact On Americans' Retirement SavingsThis revelation from the Congressional Budget Office deserves more attention than it's receiving "because Americans will be paying for it for decades," the Wall Street...
ValueWalk
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