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Biden proposes highest capital gains tax on stocks and cryptocurrencies in more than 100 years

Biden proposes highest capital gains tax on stocks and cryptocurrencies in more than 100 years

CointimeCointime2024/04/24 12:07
By:Cointime

Biden has proposed the highest capital gains tax on stocks and cryptocurrencies in over 100 years. Under the proposal, the highest marginal tax rate for long-term capital gains and qualified dividends would increase to 44.6%, which could greatly affect the financial returns of stock and cryptocurrency investors.

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