More capital gains tax cuts proposal...

User Forum Topic
Submitted by flu on July 1, 2019 - 9:42am

Lol....This is awesome... Have taxable capital gains be indexed for inflation....lol.

Doesn't help people without capital gains... oh well....

https://www.forbes.com/sites/kellyphilli...

Don't hate the players, hate the game.

So if this goes through, take as much capital gains out before the next administration tries to significantly raise it again and attempt to redistribute it again.

I'm beginning to think coming up with complicated tax strategies to reduce the capital gains tax burden might not be necessary under this administration. It seems like they are doing their best to try to reduce it anyway for those with capital gains....

Maybe save all those complexity tax strategies for a rainy day when we have a changing of the guard in the administration which probably won't happen for another 4 years...

Yeah, so it's going to add to the deficit... Who cares. Eventually, we will get to a point of open borders and the U.S. won't even exist anymore, so it's everyone for themselves. Grab what you can while you can get it..May the most financially fit win :) Game on.... lol...