2024 Presidential Race

For now.

Then it will apply to everyone else in a few years.....
I didn't bring it up to defend it. I HAVE a ton of unrealized gains but I'm in zero danger of letting my net worth get near that level.

Nor having a taxable income of over a million a year and paying the ridiculous 44% rate proposed.

I'm not at all in favor but I do have a lot of unrealized gains.
 
Estate tax was intended for Rockefellers, etc. Until about 15-20 yrs ago, the exclusion was less than 1Min net worth...
Fed estate tax is something like 12 million or double that for a couple.

Pretty low, IMO, given the market boom in recent years. I've no idea what the median net worth is in America now but the estate tax should be nowhere near that low.
 
Fed estate tax is something like 12 million or double that for a couple.

Pretty low, IMO, given the market boom in recent years. I've no idea what the median net worth is in America now but the estate tax should be nowhere near that low.

It was 675K in 2001. This is why Im skeptical of how broad this tax will become....
 
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Not that I think it's a good idea, but the 25% tax on unrealized capital gains would only apply to Americans with a net worth over 100 million dollars.

That's probably about 25,000 Americans.

Again, not that I think it's a good idea at all.
Did you believe them when they said people making less than $400,000 wouldn't be paying anymore taxes
 
As betting odds go, it is neck and neck - but it's the first time Donny has better odds than KH since she entered the race.
Hmm.. I don’t put much stock in polls..who are they actually asking? I hang up if people call me lol.. and probably people also lie just to keep it spicy
 
Hmm.. I don’t put much stock in polls..who are they actually asking? I hang up if people call me lol.. and probably people also lie just to keep it spicy

That's why betting odds are a much better indicator, if you ask me. People are literally moving that line with hard earned cash.
 
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