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TopicTrump Trials General Part 12: The path to either Justice or Anarchy.
ThePieReborn
03/22/24 12:27:47 PM
#284:


darkace77450 posted...
It only qualifies for capital gains tax rates if he holds onto it for a certain length of time, otherwise it's income tax rates. The capital gains tax rate will be lower than the income tax rate. Hell, the capital gains tax rate he'd pay on the sale of $3 billion would be less than the income tax rate you pay on the paycheck you work for.
Which is fucked up policy-wise. Even Reagan believed capital gains should be taxed more than income.

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