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On capital gains taxes, Biden should look back at history

Por: The Hill Business May 02, 2023

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To say that history is repeating itself is an understatement when it comes to tax policy. In his budget to Congress, President Biden the capital gains tax from 20 percent to 39.6 percent “to ensure that the wealthy pay their fair share.”   It’s eerily reminiscent of another Democratic president 45 years ago. Also in the midst of a sluggish economy held back by stubborn inflation, President Carter’s “tax reform” package included a... + full article



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