Quote:
Originally Posted by Torvald Von Mansee
And what is the threshold of that tax kicking in? Are you at or above that threshold?
|
Bud, if you think she will stop at a threshold you got another thing coming. The middle class is the real ATM money machine for the government. Also, Trumps tax plan from 2017 is done in 2025. I don't know about you but I brought more money home weekly with this plan. In short, I did not give the government a free loan of $4000 overpaid taxes and returned after filing for the year. This tax plan of Trumps is about to go away.
Back to the stock market and 401K, etc. We the investors assume ALL of the risk. The government assume NONE of the risk but taxes all the same. She will want more of your capital gains. Yet will not share in the loses. And to that, rich people got rich because they are smart with money. They will find a way around her unrealized capital gains tax. They have the means.
Harris best interest in not you or me.