US President Biden Considers Capital Gains Tax as High as 43.4% for the Wealthy
Posted on 04/22/2021
U.S. President Joe Biden plans to propose doubling the capital gains tax rate for wealthy individuals to 39.6%. By adding an existing surtax on investment income, means that federal tax rates for investors could be as high as 43.4%. The rate would impact those earning US$ 1 million or more. This would be an increase […]
