This is exactly why no sane person should ever vote for a democrat. If you think this is a good idea, try to actually THINK before you decide: capital gains is what your retirement savings earn you. The left wants to spin this as only benefiting the super rich, but in reality anyone who has a 401K or other form of retirement vehicle earn capital gains and that is the income you will have at retirement. The democrats want to DOUBLE what they can take from you thus this tax will harm the middle class much more than any other class of person -- just like every tax the left wants to impose upon people. Can you afford for your taxes to DOUBLE? If not, #WalkAway and never again vote for the party that only wants to tax and spend and lie to you about how they actually care about your life and well-being . . .


https://www.atr.org/biden-capital-gains-tax-we-should-raise-tax-back-396-percent?amp


This is exactly why no sane person should ever vote for a democrat. If you think this is a good idea, try to actually THINK before you decide: capital gains is what your retirement savings earn you. The left wants to spin this as only benefiting the super rich, but in reality anyone who has a 401K or other form of retirement vehicle earn capital gains and that is the income you will have at retirement. The democrats want to DOUBLE what they can take from you thus this tax will harm the middle class much more than any other class of person -- just like every tax the left wants to impose upon people. Can you afford for your taxes to DOUBLE? If not, #WalkAway and never again vote for the party that only wants to tax and spend and lie to you about how they actually care about your life and well-being . . . https://www.atr.org/biden-capital-gains-tax-we-should-raise-tax-back-396-percent?amp
Biden on capital gains tax: “We should raise the tax back to 39.6 percent”
Biden calls for doubling of capital gains tax rate [See also: Trump's idea to end the inflation tax on capital gains will help millions of middle class households] Democrat presidential candidate Joe Biden said he’d like to raise the capital gains tax rate to 39.6 percent, a near doubling of the current 20 percent.  Biden made the remarks on Wednesday, August 21 during an interview with Iowa Public Television:  “I believe we should, in fact, the capital gains tax should be at what the highest minimum tax should be, we should raise the tax back to 39.6 percent instead of 20 percen
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