Replies to post #37094 on The New CS Board

[jumanji0881]

Biden's proposed inheritance tax changes would destroy small American farmers: Norquist : https://www.kitco.com/news/2021-07-30/Biden-s-proposed-inheritance-tax-changes-would-destroy-small-American-farmers-Norquist.html

My Comment : I certainly hope Biden's $3.5Trillion plan fails completely. Otherwise stocks won't be worth holding due to the capital gains tax.

Excerpt:
Another way the Biden Administration is looking to help fund the American Families Plan, is to nearly double the top tax rate on capital gains from 23.8% to 43.4%

[jumanji0881]

Biden's proposed inheritance tax changes would destroy small American farmers: Norquist : https://www.kitco.com/news/2021-07-30/Biden-s-proposed-inheritance-tax-changes-would-destroy-small-American-farmers-Norquist.html

My Comment : I certainly hope Biden's $3.5Trillion plan fails completely. Otherwise stocks won't be worth holding due to the capital gains tax.

Excerpt:
Another way the Biden Administration is looking to help fund the American Families Plan, is to nearly double the top tax rate on capital gains from 23.8% to 43.4%