Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 13/08/2021, 21:37:43 UTC
A total horseshit about the 15% long term cap gains in US.

Say what now? Fuck. I may need to sell a chunk sooner-than-later for... reasons... if this is indeed the case.

Did a quick search online that there is some uncertainty about rate changes, and saw nothing about "15%" increase. Do you have a link to a story regarding your concerns?

Having trouble mentally coming-to-terms with an increased rate on Long Term Capital Gains. Shit's way more fucked up than I ever could have imagined if that's being floated.

Dear God we are all in a lot of trouble if so.

https://www.hklaw.com/en/insights/publications/2021/06/biden-administrations-fy-2022-budget-and-its-tax-increases

go to "American Families Plan" for effective dates. Bad (maybe good if sold beforehand) news-April 28, 2021 is the effective date for cap gains.

new tax calculator:
https://www.forbes.com/advisor/taxes/biden-tax-plan-calculator/