Breaking Down Biden's New Capital Gains Tax Changes
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In the latest episode of ‘Pain Points,’ hosts Darius Bell and Samson Jagoras discuss the proposed Biden administration’s increase in capital gains tax rates. The proposed 44.6% rate is highlighted as the highest on record, with significant implications for entrepreneurs and investors, potentially disincentivizing business and real estate investments. They debate the long-term effects this could have on the U.S. economy, particularly concerning job creation and housing availability.
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