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CoinGape
2024-04-24 23:28:58

President Joe Biden Proposes Historic 44.6% Capital Gains Tax

President Joe Biden Proposes Historic 44.6% Capital Gains Tax

United States President Joe Biden has proposed to raise capital gains tax to about 44.6%, marking the highest formal federal capital tax in history. Capital Gains Tax To Create Income Balance Per a Forbes report, this proposal was added to Biden’s budget proposal for the 2025 fiscal year. A footnote from the General Explanations of The post President Joe Biden Proposes Historic 44.6% Capital Gains Tax appeared first on CoinGape .

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