Post
Topic
Board Economics
Re: Preparing for a capital gains tax increase (US)
by
icopress
on 18/05/2021, 13:04:47 UTC
Correct me if I am wrong, but accepting any of the options will suspend a long-standing provision in the US tax code, according to which, according to which, the tax on income on investments should be lower than on wages. In addition, the Biden administration's claims that the tax code update will ultimately bring trillions of dollars into the budget ... are wrong, (in the sense that in reality it will only increase the public debt). I immediately recall one well-known saying "everyone enjoys the rights in the constitution, but few people want to be responsible for paying taxes." One way or another, I still do not understand how a person who has worked in public service all his life can talk about social inequality ... (after all, the essence of these tax changes is precisely in this).