Harris unveils plan for 28% capital gains tax, softening Biden’s proposal

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  • Опубликовано: 18 сен 2024
  • CNBC's Robert Frank joins 'Squawk Box' with the latest news.

Комментарии • 249

  • @elegboozioma7267
    @elegboozioma7267 7 дней назад +235

    As an investing enthusiast, I've kept aside a good sum of capital to invest for financial independence and early retirement, but my concern right now is the market rally being propaganda. Is this a good time to buy stocks, or do I wait for the crash?

    • @JuneTalley
      @JuneTalley 7 дней назад

      The stock market can appear as a bewildering cauldron of fake news for new investors. I would advise using a CFP, giving him/her 2/3, and then investing the 1/3 on your own, but only if you have time to track stocks and educate yourself.

    • @amolejoshua7452
      @amolejoshua7452 7 дней назад

      @@JuneTalley First two years, I lost money until I got my sea legs. My portfolio is well-matched by a certified financial planner for every season of the market, and just recently hit 7 figures after 5 years of subsequent investments. I'm retired and never leaving the market.

    • @elegboozioma7267
      @elegboozioma7267 7 дней назад

      @@amolejoshua7452 Congrats! The market to me is like a lucrative chess game, incredibly difficult to outperform, it's all about understanding how the world moves, its history, and psychology... mind disclosing info about your CFP? I'm quite curious.

    • @amolejoshua7452
      @amolejoshua7452 7 дней назад

      @@elegboozioma7267 She goes by the name ‘Victoria Carmen Santaella’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.

    • @elegboozioma7267
      @elegboozioma7267 7 дней назад

      @@amolejoshua7452 I feel thrilled about this, curiously inputted Victoria Carmen Santaella on the web, and spotted her consulting page ranked top. I've seen commentaries about advisors but not one looks this phenomenal.

  • @mikewallace8087
    @mikewallace8087 13 дней назад +22

    Meanwhile U.S roads are not repaired or replaced .

    • @brianruddy8785
      @brianruddy8785 13 дней назад +1

      Yea the 400k federal government employees plus 3 million federal government contractors in the DC area are more important than your roads. Sorry

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад +1

      @@brianruddy8785 Cuz roads don't vote!

    • @RichardKing-sx6xc
      @RichardKing-sx6xc 13 дней назад +2

      There's literally a Trillion Dollar Fund for roads. 😂😅😆🤣

    • @R3tr0v1ru5
      @R3tr0v1ru5 11 дней назад

      Because the government is useless and wastes money.

    • @jb-vb8un
      @jb-vb8un 11 дней назад +1

      @@RichardKing-sx6xc the Nazis Were Inspired by DEMOCRAT Jim Crow. To craft legal discrimination, the Third Reich studied the DEMOCRATS.
      . Nazi Germany passed two radically discriminatory pieces of legislation inspired by DEMOCRAT laws: the Reich Citizenship Law and the Law for the Protection of German Blood and German Honor. Together, these were known as the Nuremberg Laws, and they laid the legal groundwork for the persecution of Jewish people during the Holocaust and World War II.
      When the Nazis set out to legally disenfranchise and discriminate against Jewish citizens, they weren’t just coming up with ideas out of thin air.
      In particular, Nazis admired the DEMCRAT Jim Crow-era laws that discriminated against Black Americans and segregated them from white DEMOCRATS, and they debated whether to introduce similar segregation in Germany.
      Yet they ultimately decided that it wouldn’t go far enough.
      “One of the most striking Nazi views was that DEMOCRAT Jim Crow was a suitable racist program in the United States because American Blacks were already oppressed and poor,” he says. “But then in Germany, by contrast, where the Jews (as the Nazis imagined it) were rich and powerful, it was necessary to take more severe measures.”
      Because of this, Nazis were more interested in how the DEMOCRATS had designated Native Americans, Filipinos and other groups as non-citizens even though they lived in the U.S. or its territories. These models influenced the citizenship portion of the Nuremberg Laws, which stripped Jewish Germans of their citizenship and classified them as “nationals.”

  • @AkshayArvind11
    @AkshayArvind11 13 дней назад +54

    FlipFlops are more stable than Kamala 😂

    • @rentalservices6365
      @rentalservices6365 13 дней назад +2

      Please don’t leave Trump out of it. He flip-flop more than she do.😂

    • @littlebob1261
      @littlebob1261 13 дней назад +2

      Trump used to donate to Hilary, but whatever

    • @malin7919
      @malin7919 13 дней назад

      Someone needs to send her a pair of flipflop sandal for her to wear during next debate.

    • @memesbyme710
      @memesbyme710 13 дней назад

      ​@@rentalservices6365ok troll

  • @bigbear7076
    @bigbear7076 13 дней назад +55

    We don't need more taxes, we need more efficient spending

    • @keenynthewise
      @keenynthewise 13 дней назад +7

      No, more money to Ukraine and gender studies, more taxes! 😂

    • @littlebob1261
      @littlebob1261 13 дней назад +4

      @@keenynthewise No, more money to NFT's of Trump dressed up like a fireman!

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      Government revenue has gone down since the last tax cuts.

    • @harrychu650
      @harrychu650 13 дней назад

      @@l.j.r.8448 Less Americans are working due in large part to this administration's mandates that threw teachers, firefighters, cops, and office workers out who chose not take the vax. My body my choice?

    • @ssuwandi3240
      @ssuwandi3240 13 дней назад +1

      ​@@l.j.r.8448 so time to cut down the defense and possibly Entitlement

  • @tdw3u
    @tdw3u 13 дней назад +14

    She should’ve scraped unrealized gains tax that’s what we’re more concerned about that’s the biggest problem/discussion

    • @siyuanthesuper1
      @siyuanthesuper1 13 дней назад +2

      You have net worth over a billion? Damn

    • @motoboss5250069qew
      @motoboss5250069qew 13 дней назад +2

      ​@@siyuanthesuper1educate yourself and quit fooling yourself on so many levels, funding wars and financing Illegals just for starters?? Please tell when is the last time BILLIONAIRES got taxed and didn't pass the buck to the poor and middle class??? I'll wait

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад

      @@motoboss5250069qew You got the nail on the head in the most backwards way possible-- but yeah, spending is the issue, not the lax of taxation.

  • @user-pg1qr9nn5j
    @user-pg1qr9nn5j 13 дней назад +10

    TRUMP 2024

  • @joshuasingleton2015
    @joshuasingleton2015 13 дней назад +10

    Ask her about unrealized gains

    • @williamlyons3947
      @williamlyons3947 11 дней назад

      Hey trumper, stop complaining and pay your taxes. Build millions of solar powered charging stations no further than 1 mile apart. Ban fossil fuels! Harris2024

    • @DG-2323
      @DG-2323 11 дней назад

      then ask whether it impacts people making less than $100 million dollars lol

  • @marcellino1956
    @marcellino1956 13 дней назад +62

    If you vote for Kamala Harris you have lost your mind

    • @fringestream990
      @fringestream990 13 дней назад

      Liberalism is a mental disorder. Democrat party is their religion, the equivalent of born again Christians, except they pray to politicians 😆

    • @williamlyons3947
      @williamlyons3947 11 дней назад

      What are you going to do if I do? Bring it whitey.

  • @mikewallace8087
    @mikewallace8087 13 дней назад +9

    Government always grows, now a towering hungry monster .

    • @davidcoe9384
      @davidcoe9384 11 дней назад +1

      TRUMP 2024 YOUR ONLY REAL HOPE

  • @leonelbrava2738
    @leonelbrava2738 13 дней назад +6

    Public infrastructure needs massive upgrades. Raise the corporate tax!

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад +1

      How about lower spending elsewhere to pay for it? Maybe free cell phones are one place to start.

    • @kentrhoads7634
      @kentrhoads7634 13 дней назад +1

      You realize corporations just pass those taxes on to the consumers right?

    • @leonelbrava2738
      @leonelbrava2738 13 дней назад +2

      @@kentrhoads7634 Well, they certainly don't pass on the savings when they lower them, so they may as well RAISE them!

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад

      I think that it's so easy to hate corporations while missing out on all the benefits they provide to our lives on a daily basis. It's easy to hate them when politicians paint targets on them, but just think about all of the products and services available to use that wouldn't be were it not for the corporate model.
      In some ways they *do* pass savings on to us when they are not overburdened by taxation and regulation-- we just don't readily see that as much as, for example, the cost of living and food and goods rising.
      Think about this next time you get to finance your shiny new cell phone (an amazing piece of tech made possible by corporations) through your phone carrier. You want all that to be more expensive, then tax the hell out of corporations. You want it to be cheaper, let the corporations compete with each other by allowing more of them to exist.
      You want your roads fixed, talk to the politicians who don't talk about raising corporate taxes to achieve everything. Ignore the ones that say things like "fair share".

    • @davidcoe9384
      @davidcoe9384 11 дней назад

      THEY DON'T HAVE THE MONEY TO DO WHAT YOU THINK THEY DO .... YOUVE BEEN BRAINWASHED

  • @harrychu650
    @harrychu650 13 дней назад +14

    Raising taxes is not the answer. Cut back on Gov't spending and the forever-wars.
    Vote accordingly in Nov.

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      Government revenue has gone down since the Trump tax cuts.

    • @R3tr0v1ru5
      @R3tr0v1ru5 11 дней назад

      ​@@l.j.r.8448 So? Cut spending.

    • @l.j.r.8448
      @l.j.r.8448 11 дней назад

      @@R3tr0v1ru5 raise revenue and cut spending. Start with the Pentagon. Are you stupid on purpose?

  • @bort_zdiot
    @bort_zdiot 13 дней назад +1

    Promises, promises!!! More tax vs. tax cut for the vote.🤔

  • @siyuanthesuper1
    @siyuanthesuper1 13 дней назад +11

    You guys do know that this will have 0 effect on 99.99% of the general population right? Which one of you make a million a year?

    • @johnpackard1614
      @johnpackard1614 13 дней назад

      I mean this channel is probably the place for it...

    • @M_Pross
      @M_Pross 13 дней назад

      If investors stop investing in stock market because of an increase in capital gains on top of a tax on unrealized capital gains then the stock market is going to take a nose dive. Many of us are counting on our 401Ks to retire on. They've already taken a hit in real value from inflation, when stock values crash where does that leave the 99.99% you say won't be effected? The rich will be okay, but when Harris is done wrecking the economy the rest of us will be in the poor house.

    • @Logos1000
      @Logos1000 13 дней назад

      It’s also not hurting 99.99% of the general population.

    • @Rob-oc2dp
      @Rob-oc2dp 13 дней назад

      Exactly

    • @M_Pross
      @M_Pross 13 дней назад

      You do know that ruining the economy will effect 100% of the general population?

  • @cs.8821
    @cs.8821 13 дней назад +4

    How about no TAX ON Overtime pay!!!

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      @@cs.8821 how about going back to the same tax rate that existed when the middle class was strongest?

  • @Bigjoe99
    @Bigjoe99 10 дней назад

    She is clueless what she is doing but Trump is no better. Disgusting both candidates

  • @my.business
    @my.business 13 дней назад +12

    *You think Kamala can come out with any plans....let alone a economic one?*

    • @tonyc223
      @tonyc223 13 дней назад

      The DNC controls the left. Biden or Harris.

  • @cockyhemi
    @cockyhemi 13 дней назад +3

    Most Americans are not required to file and pay the income tax.

  • @jeffnoob8448
    @jeffnoob8448 13 дней назад

    Raise those taxes
    Send more money abroad
    Take on more illegal immigrants
    Shun the homeless
    More electric cars
    Ban fracking
    Stop all pipelines
    You can do it !! Go democrats 😅😂😂

  • @roch5937
    @roch5937 12 дней назад

    Zelensky needs more money!

  • @Dmindthinker011
    @Dmindthinker011 13 дней назад +17

    I love the idea of if we only taxes this group of people then it would have no way affect to anyone else. Stupid… It’s all connected. It’s the same when they raise the minimum wage in California. I mean it’s all connected.

    • @silkcitysocialist420
      @silkcitysocialist420 13 дней назад

      bootlicker

    • @Matt-lq7gd
      @Matt-lq7gd 13 дней назад +1

      Yep and the ppl theyre “taxing” all have loop holes anyway. The avg american always gets screwed esp w dem policy hence them raising taxes yet again

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      @@Matt-lq7gdclose the loopholes like Kennedy did.

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      It won’t affect anyone else. It never has.

    • @silkcitysocialist420
      @silkcitysocialist420 13 дней назад

      @@l.j.r.8448 do you think "loopholes" are just oopsies? Corpos and the wealthy lobby for those loopholes.

  • @motoboss5250069qew
    @motoboss5250069qew 13 дней назад +1

    How bout NO to higher taxes and more government accountability??
    How demorats never talk about that???

  • @jeremiah-om7zl
    @jeremiah-om7zl 13 дней назад +16

    So Americans have to suffer from over 30% interest rates while the rich get richer 😢

    • @emmanuelboadi3188
      @emmanuelboadi3188 13 дней назад +2

      Don’t hate prosperity. !!!Wealth is not a demon. Prosperity is good and motivates innovation and had work. Increase taxes on the wealthy always increases bad behaviour.

  • @CharlesTBucci
    @CharlesTBucci 13 дней назад +4

    cnbc cheerleaders for the harris apocalypse

  • @lv4077
    @lv4077 13 дней назад +8

    It’s really a pretty good deal.When a citizen risks their money ,time and hard work on an asset and it appreciates or doesn’t appreciate the government assigns a phantom profit and takes almost 40%.If when the investment is sold no such profit exists,it doesn’t matter the taxing authority already has the money and nothing is returned.Very similar to property taxes but with property taxes the phantom value is taxed every single year,so you may end up paying a tax that exceeds the value of the property.
    It shouldn’t matter that you may not be involved in paying this tax at this time,it should really matter that your own government could be this ruthless and unfair,to steal even more money than they currently do with no need to justify their own inept management of the money already being stolen.

  • @mellem4653
    @mellem4653 11 дней назад

    There needs to be a Minimum Alternate Tax for so-called non-profits. Many billionaires set up non-profits to create tax evasion vehicles/tax shelters and then donate shares to these non-profits that they control. They get to write off the market value of that donation, and when the non-profit sells those shares, their tax-exempt status enables them to evade capital gains taxes.
    Most non-profits (especially religious non-profits) do not benefit the vast majority of the people they were intended to benefit and are merely conduits for such financial shenanigans.
    Many masquerade under misleading names such as "Americans for Prosperity" but work to only make prosperous a small group of people at the expense of the majority.

  • @marielaguaita5794
    @marielaguaita5794 13 дней назад +8

    Yesss Vote blue- vote Kamala- we the people wants to be like Venezuela-open borders- more inflation- increase the tax- and more sexology in schools, cuz kids don't need math and literature- yessss vote socialism, votekamala

    • @davidcoe9384
      @davidcoe9384 11 дней назад

      YEAH VOTE KAMALA WE CAN ALL BE WEAK AND POOR AND STUPID LIKE HER ... YEAH VOTE DEMOCRAT IF YOU WANT TO HAVE NOTHING

  • @raquelmonarrez3134
    @raquelmonarrez3134 13 дней назад +13

    No more taxes STOP spending

  • @lolo7943
    @lolo7943 13 дней назад +11

    I would support exempting seniors ages 88+ from paying ALL taxes....they've paid enough!

    • @memesbyme710
      @memesbyme710 13 дней назад +2

      BFD. That's not gonna do anybody any favors. Most people are dead before 88. 😒

    • @Clintoniumer
      @Clintoniumer 13 дней назад +3

      How about 65? 40 years of social security is enough lmao

    • @Clintoniumer
      @Clintoniumer 13 дней назад

      @@memesbyme710 right 😂😂😂😂

    • @lolo7943
      @lolo7943 13 дней назад

      @memesbyme710 My Mom is 90-1/2. Very active, sharp mind. She just went on a cruise in July. She retired from teaching 25 years ago and is still paying taxes. AND....she has 3 siblings still alive and still paying taxes. All still active, sharp minds and one still chooses to work as an engineer. So, age ain't nuthin but a number!

    • @BigCheeseBall888
      @BigCheeseBall888 13 дней назад

      Im 22 and I’ve already paid enough

  • @brettadams7507
    @brettadams7507 13 дней назад +12

    Anyone considering voting for her, what are you thinking?

  • @yungceize
    @yungceize 13 дней назад +9

    They say it's 28 and literally have to admit in the next breath that it's actually 33

  • @fringestream990
    @fringestream990 13 дней назад +4

    More taxes is definitely what this economy needs. I suggest some more federal departments, programs, licenses, regulations, and laws. That's exactly how you uplift a society for all 😆

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад

      Your bitter sarcasm is not lost on me! All these people calling for higher taxes...ugh... And then never realizing that Kamala's $25,000 for first time home buyer down payments has to come from somewhere.... that somewhere is the value of EVERYONE'S dollar...and if you have less of those dollars, that hurts you most...
      People need some basic economic education in the country, but we are teaching LGBTQFU+++ instead in our elementary schools. Wonderful.

  • @slytherben
    @slytherben 13 дней назад

    Are you listening to these guys? They're saying there will be less incentive to donate to charity under Kamala's plan!! Horrible

  • @chiquita683
    @chiquita683 13 дней назад +17

    The fact is she will do none of what she says on the campaign unless it hurts the middle class like Chiden

    • @PopTartLee
      @PopTartLee 13 дней назад +2

      Obama meant it when he said Transform America to Venezuela.

    • @jeremiah-om7zl
      @jeremiah-om7zl 13 дней назад

      What do you think this does, interest rates are higher

    • @littlebob1261
      @littlebob1261 13 дней назад

      Biden adds 15 million jobs after trump loses 4 million = you are limited to generalizations

    • @littlebob1261
      @littlebob1261 13 дней назад

      @@PopTartLee Trump meant it when he signed the NDA to ensure his third wife didn't find out he eats prn star clams

    • @TheLaughingMustache-oh5ff
      @TheLaughingMustache-oh5ff 13 дней назад

      @@littlebob1261 Most americans don't really care about that, only morons who want to see their country turn into a lawless trash pile will gaslight online to make it seem like americans care about their tabloid politics.

  • @logosproclamation453
    @logosproclamation453 13 дней назад

    She can’t event talk. So it is not her but her campaign

  • @josephkoh1562
    @josephkoh1562 13 дней назад +22

    Why would anyone vote for Harris if her policies will make folks poorer?

    • @silkcitysocialist420
      @silkcitysocialist420 13 дней назад +2

      most people don't have capital to be taxed

    • @keenynthewise
      @keenynthewise 13 дней назад +2

      @@silkcitysocialist420people would rather socialize income and rely on stimulus checks and the government then be an entrepreneur

    • @littlebob1261
      @littlebob1261 13 дней назад

      Because her opponent is a 34 time convicted felon who lost America 4 million jobs

    • @kenn1320
      @kenn1320 13 дней назад

      50% dont pay any federal income tax anyway, so they vote for the side with free stuff.

    • @sarahphillips8987
      @sarahphillips8987 13 дней назад +1

      Most of us poors don't have capital with potential gains to tax. Whether we realize this or not when it comes to politics, depends.

  • @antoniobabb1938
    @antoniobabb1938 13 дней назад +3

    She had 3.5 years to do it under Biden why now don’t vote Harris someone else in 2028

    • @DG-2323
      @DG-2323 11 дней назад +2

      3.5 years as VP, assuming you have no idea how the executive branch functions though.

  • @SavanaT
    @SavanaT 13 дней назад +2

    Anyone who votes to raise taxes and grow the size and power of govt is crazy....

  • @121476
    @121476 13 дней назад +6

    Taxes in America are too low. I say raise the tax!

    • @ssuwandi3240
      @ssuwandi3240 13 дней назад +1

      GFO to Scamala Kanada😊

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад +2

      But.... doesn't it matter how the money is spent or that we have been deficit spending for a long time now? Tax tax tax, but, where has all the money gone? Are low taxes really the issue?

  • @Lelffy
    @Lelffy 13 дней назад +8

    I want them to address the corporate tax rate and raise rates on the wealthiest Americans.

    • @ChrisFrazierthecoach
      @ChrisFrazierthecoach 13 дней назад +6

      😂😂😂 yeah and it will be past on to the consumer. You don’t get it do you? Nope! This is what she is saying she will do which is why they are talking about it now because it’s a losing position. Economics 101.

    • @michaeldarby2242
      @michaeldarby2242 13 дней назад

      Because they worked hard and smart with their money they are supposed to be punished? How about pushing for the gov to not waste money like housing illegal aliens, giving free health care. How about not spending Billions on war that we have no reason to be in? It's your taxes, you choose.

    • @RickHamilton-nk5pi
      @RickHamilton-nk5pi 13 дней назад +3

      Why do you hate wealthy people? Why not ask government to find places to quit spending so much?

    • @hdcordes6299
      @hdcordes6299 13 дней назад

      Who do you think ends up paying that???????

    • @M_Pross
      @M_Pross 13 дней назад +1

      The corporate tax rate is 21% which is roughly what the average is in Europe. Raising it will put American businesses at a disadvantage and will cost American jobs. The wealthiest Americans already pay a tax rate of 37%.

  • @shadboy
    @shadboy 13 дней назад

    We the people are all mostly dead with inflation etc--SHE WILL FINISH US OFF !!!

  • @syedarmaghanhassan4652
    @syedarmaghanhassan4652 13 дней назад

    is it the gains on stocks ? Stocks do come under capital gain tax right?

  • @brianarthur6199
    @brianarthur6199 13 дней назад

    If we don't raise taxes significantly AND cut spending, sooner or later the whole house of cards comes tumbling down. It's time to get serious about getting our financial house in order. Guess what, the rich are the only ones who can fix it, so let's stop complaining and instead look to help America in a bipartisan way. The good news is that it isn't a zero-sum game. I suspect that if we get this right, both Main Street and Wall Street will benefit.

  • @russianfool1
    @russianfool1 13 дней назад +7

    TAX THE FRIGGIN WEALTHY. TAX UN REALIZED CAPITAL GAINS. I am poor, and I have 3k in the stock market. I have a small business and 1 employee, and I cant afford to buy a house, or have a family. GOD HELP ME.

    • @Epitome_
      @Epitome_ 13 дней назад

      You realize that these Democrat elites and campaign doners are the wealthy. They are just saying this to get votes from people like you who are ignorant to the fact that these people use loopholes to not pay taxes in the first place

    • @Epitome_
      @Epitome_ 13 дней назад

      You realize that these Democrat elites and campaign donors are the wealthy people they say they are gonna tax. They are just saying this to get votes from people like you who are ignorant to the fact that these people use loopholes to not pay taxes in the first place

    • @brucehoward1284
      @brucehoward1284 13 дней назад

      Don't vote for Kamala!

    • @baddaysbasil5376
      @baddaysbasil5376 13 дней назад

      They already tax the wealthy, dude, and they are lowering the value of the 3k you have in the stock market every single day by outrageous spending and printing of money. Don't you see? When they tax the wealthy in the name of giving you free money, it devalues you. Get a clue. Taxing "unrealized" money is just about the most sinister thing you can do to a society.

  • @BuIIet
    @BuIIet 13 дней назад +2

    Trump could run on this alone

  • @russianfool1
    @russianfool1 13 дней назад

    JUST effin help the little guys buy a house and have a family, then we Dont effin care what you RICH PEOPLE DO

  • @RebelwithaCause777
    @RebelwithaCause777 13 дней назад +7

    Why do we allow them to tax us so much ?

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      Your taxes are the lowest in history.

  • @aladdinala1
    @aladdinala1 9 дней назад

    something off with Andrews left eye pupil, did he have an eye surgery or whats going on?

  • @jussimatikainen4681
    @jussimatikainen4681 13 дней назад

    I just don't understand politics.. Why don't BOTH party give ALL the numbers already or like 2 months ago.. How bad you can be if you "decide" your policies like 2 month before election... What a amateur stuff...

  • @Mostly_bad
    @Mostly_bad 13 дней назад +4

    Create a fortune, never pay tax on it, then transfer it tax free to Harvard…

  • @cathynoldy1577
    @cathynoldy1577 13 дней назад +4

    Shes out of her league on the economy

  • @PRT7092
    @PRT7092 13 дней назад

    If the long term capital gains rate is 28%, does this apply to all of us or only those with capital gains over $1M? If that applies to all of us, say on the sale of a non-primary home, then the extra 5% is applied with gains over $1M?

    • @TheLaughingMustache-oh5ff
      @TheLaughingMustache-oh5ff 13 дней назад

      Their making their goal clear, they will just boil the frog to start. Start at a low % of only certain people, and keep increasing until there is no more capital available to tax.

  • @ArslanOtcular
    @ArslanOtcular 13 дней назад

    Harris Nancy Thompson David Brown Timothy

  • @checle4499
    @checle4499 13 дней назад

    My elderly father is planning on selling off the rest of his stock before the shtf. The amount he has is of no consequence to the market but -- there are others of like mind with a whole lot more invested who are looking at all this with a jaundiced eye -- WB.

  • @officialjameso
    @officialjameso 13 дней назад +1

    We're taxed so much I wonder how it's constitutional....

  • @yungceize
    @yungceize 13 дней назад +5

    If they try to tax people who have 100's of millions of dollars in the market you will see a massive amount of money leave the market

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      No you won’t. Where are they going make money?

    • @DefyThemAll
      @DefyThemAll 13 дней назад

      @@l.j.r.8448real estate, which will then make it even harder for normal families to afford housing

    • @DefyThemAll
      @DefyThemAll 13 дней назад

      @@l.j.r.8448real estate

    • @DefyThemAll
      @DefyThemAll 13 дней назад

      @@l.j.r.8448rental properties

    • @DefyThemAll
      @DefyThemAll 13 дней назад

      @@l.j.r.8448it won’t let me reply to you lol

  • @Masonharrigton
    @Masonharrigton 13 дней назад +5

    What's the best way to profit from this crypto bull run?>>

    • @MercyWilliams-k3w
      @MercyWilliams-k3w 13 дней назад

      As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

    • @MercyWilliams-k3w
      @MercyWilliams-k3w 13 дней назад

      Meredith Lindshaw

    • @SarahMaddisson
      @SarahMaddisson 13 дней назад

      WOW!!! You know her too? I'm also a proud beneficiary of her platform

    • @SarahMaddisson
      @SarahMaddisson 13 дней назад

      45k profit on weekly basis.

    • @SarahMaddisson
      @SarahMaddisson 13 дней назад

      I was even thinking that I'm the only one She has helped walk through the fears and falls of trading.

  • @Jnoel608
    @Jnoel608 13 дней назад +3

    48% of your money is CRAZY. damn i wouldn’t wanna be a millionaire in NY.

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      You aren’t a millionaire anywhere.

    • @DefyThemAll
      @DefyThemAll 13 дней назад

      @@l.j.r.8448R e a l E s t a t e

    • @siyuanthesuper1
      @siyuanthesuper1 13 дней назад

      Yea you make a million a year?

  • @CMN1186
    @CMN1186 13 дней назад +3

    The truth is because the impact is so minimal less than one percent almost no one will care

    • @Matt-lq7gd
      @Matt-lq7gd 13 дней назад

      False. It will cause corps to raise prices more because the dirty dems want to raise taxes yet again. Never reduce them always raise. It screws over everyone but theyll blame the corps for “price gouging” if youre ignorant or dumb you say what you just said. You sir are literally dumb.

    • @keenynthewise
      @keenynthewise 13 дней назад +1

      The 1% controls 90% of the workforce, employers get taxed more employees get paid less or cut

    • @brettadams7507
      @brettadams7507 13 дней назад +3

      Trickle down economics, this will absolutely affect everyone

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      @@brettadams7507you don’t believe in trickle down economics.

    • @brettadams7507
      @brettadams7507 13 дней назад

      @l.j.r.8448 also, these people dump, and there goes your 401k

  • @AlbertTorres-p7o
    @AlbertTorres-p7o 8 дней назад

    Thompson Robert Hernandez Sandra Martin Carol

  • @angelagaona2087
    @angelagaona2087 13 дней назад +2

    Vote for Kamala Harris Tim Walz 2024❤❤

  • @goodbooks5134
    @goodbooks5134 13 дней назад +1

    40% flat tax for all income level. That'll solve the problem!

  • @CLNSL8
    @CLNSL8 13 дней назад

    😮😢

  • @angelagaona2087
    @angelagaona2087 13 дней назад +2

    Vote for Kamala Harris President 2024❤❤

  • @DSandy111
    @DSandy111 13 дней назад

    Philanthropy should come from kindness, generosity, and your heart. Not from getting a financial benefit in the form of a tax break. Why should lower income taxpayers subsidize the charity? Let’s eliminate the tax deductions and see who is really generous and good.

  • @Chryeon
    @Chryeon 13 дней назад

    just taxed 50% to those who has wealth more than 10mil above and give 0% tax to 200k below and taxed those in between around 20%

  • @A.Rose.G
    @A.Rose.G 13 дней назад

    44.6 percent tax on anything does seem high. There are other ways to get around it.

  • @RebelwithaCause777
    @RebelwithaCause777 13 дней назад

    10 percent tax for everyone .

    • @l.j.r.8448
      @l.j.r.8448 13 дней назад

      Flat tax has never worked.

  • @TaataGeo
    @TaataGeo 13 дней назад

    Broke people stay out of this

    • @huynguyentoantin
      @huynguyentoantin 13 дней назад

      they thought I can until the burden is passed on them