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/biz/ - Business & Finance

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22300325 No.22300325 [Reply] [Original]

No joke im dumping all my linkies if Sleepy gets in Nov 4. not paying 40% tax on long term gains plus state capital gains tax adding another 12%. All markets are going to go into a deep bear season if that happens. No ones going to be willing to pay over 50% in taxes in America.

>> No.22300376

I’m dumping my stocks too if that happens

>> No.22300398

If trump gets re elected he said he’s going to reduce capital gains taxes which will send us into a bull run frenzy. Biden is Bobo

>> No.22300404

>>22300325
on his website it says it would only apply to gains in excess of $1 million. So just don't sell more than a million in a year. Also he is gonna lose anyway, and even if he does he is never getting that past congress. No reason to worry

>> No.22300407

So glad I'm a dual citizen.

>> No.22300408
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22300408

>>22300325
Taxation is theft.

>> No.22300414

>>22300404
no it doesn't it says 400k or more gets taxed at 40%

>> No.22300469

muh taxes

how tf they gonna find you? You leave a big paper trail or what?

>> No.22300482
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22300482

>>22300414
what are you looking at

>> No.22300496

it's just populistic nonsense "tax wall street lmao" it's not gonna happen.

>> No.22300543

>>22300325
Into what currency are you gonna dump it lmao

>> No.22300587

>>22300325
Nice blogpost you bitch ass faggot

>> No.22300614

>>22300325
No joke the stock market historically does better under democrats. 20% is the long term rate. You have no idea what you're talking about, shocker. It's important to understand these people exist, and to profit on their naivety.

>> No.22300771

>>22300325
Someone has to pay off the trillions of debt the burger boomers accumulated sooner or later. Congrats looks like it will be your job.

>> No.22300891

>>22300482
>>22300614
Listen to these anons who actually know what they're talking about, not schizos who escaped the containment board
Also remember that the Unity Plan is the left-most boundary of what a Biden admin would do, e.g. I doubt they eliminate the step-up in basis and will probably puss out and just lower exemption amounts

>> No.22300971

>>22300325
Just don't cash out. Keep accumulating crypto until you have enough to start a new life in a crypto friendly country.

>> No.22301036
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22301036

>>22300325
Hey faggot, those of us who work for a living and actually create things of value already pay 40%+ tax rates to cover the parasite class of """capital gains""" and carried interest loophole faggots. I hope they put a 90% tax on LTCG.

>> No.22301095

Even if sleepy gets elected the money behind him won’t let that happen, just like orange mans fake wall.

>> No.22301478

Lol, you ameritards are honestly discussing what implication the outcome of your staged presidential elections got? Big money is directing politics, your democratic and republican fights are panem et circensis.

>> No.22301627

>>22301478
This is pretty much it

>> No.22301866

>>22300971

I'm not fleeing my homeland because of some goddamn communists, but I have the funds to get rid of them all.

>> No.22301922

>>22300407
What do you mean?

>> No.22301998

>>22301922
It means he can get cucked by both countries