As usual, everyone is talking about personal income tax and completely ignoring the elephant in the room that is long term capital gains.
Project 2025 calls for LTCG tax to be cut by a quarter. This is how the rich make their money.
>Project 2025 would reduce the tax on capital gains and qualified dividends for higher earners. The top rate is currently 20%, and the proposal calls for 15%.
Let’s get back to the boomer era of tax rates.
Trump’s tax cuts and jobs act of 2017 expires in the end of 2025. Congress has not extended it. It’s going to hurt the child tax credit among other things.
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As usual, everyone is talking about personal income tax and completely ignoring the elephant in the room that is long term capital gains.
Project 2025 calls for LTCG tax to be cut by a quarter. This is how the rich make their money.
>Project 2025 would reduce the tax on capital gains and qualified dividends for higher earners. The top rate is currently 20%, and the proposal calls for 15%.
Let’s get back to the boomer era of tax rates.
Trump’s tax cuts and jobs act of 2017 expires in the end of 2025. Congress has not extended it. It’s going to hurt the child tax credit among other things.
https://www.cnbc.com/amp/2024/05/18/trump-tcja-tax-cuts-are-slated-to-expire-after-next-year.html
The heritage foundation is a terrorist orginization.
Everyone crazy about something a think tank jotted down on a bar napkin
This is what the idiots want, taxes and everything else high as hell & they are just going to get higher….