return2ozma@lemmy.world to politics @lemmy.world · 12 days agoHarris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% ratewww.cnbc.comexternal-linkmessage-square20fedilinkarrow-up1109arrow-down114cross-posted to: usa@lemmy.ml
arrow-up195arrow-down1external-linkHarris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% ratewww.cnbc.comreturn2ozma@lemmy.world to politics @lemmy.world · 12 days agomessage-square20fedilinkcross-posted to: usa@lemmy.ml
minus-squareHulkSmashBurgers@reddthat.comlinkfedilinkarrow-up19arrow-down1·12 days agoI think it’d be great if the tax rate on gains (when selling stock) was based on the entire value of all stocks a person has. So if Elon sell some stock (a dollar or a billion), his gains tax rate is higher than someone selling stock whose entire stock value is less. It’d also be nice if retirement accounts (401k, Ira) were excluded from this.
minus-squareDrDeadCrash@programming.devlinkfedilinkarrow-up13·12 days agoThis is the right idea imo. Tax wealth, not income.
I think it’d be great if the tax rate on gains (when selling stock) was based on the entire value of all stocks a person has.
So if Elon sell some stock (a dollar or a billion), his gains tax rate is higher than someone selling stock whose entire stock value is less.
It’d also be nice if retirement accounts (401k, Ira) were excluded from this.
This is the right idea imo. Tax wealth, not income.