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yanquitrader

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yanquitrader

Re: None

Wednesday, 12/29/2021 7:40:35 PM

Wednesday, December 29, 2021 7:40:35 PM

Post# of 194956
I don’t believe any of the insider sales are to avoid changes to the capital gains laws in 2022. The proposed changes are back-dated on sales, I believe, and couldn’t be avoided at this late date.

“House Democrats proposed a top federal rate of 25% on long-term capital gains, according to legislation issued Monday by the House Ways and Means Committee. The top rate would be 28.8% when combined with a 3.8% surtax on net investment income.
The new rate would apply to gains realized after Sep. 13.”

https://www.cnbc.com/2021/09/13/house-democrats-propose-hiking-capital-gains-tax-to-28point8percent-.html
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