All his "tax the super rich" proposals never passed since he took office. This one will (again) never passOk I think we found the real answer now and I think your right. They all probably got tipped off about the below and are not taking the risk of a 2025 Biden budget proposal with a 44.6% federal long term capital gains tax rate up from 20%. The capital gains bracket these rich guys are in they were wise to have sold now.
https://www.atr.org/biden-calls-for...capital-gains-tax-since-its-creation-in-1922/
That must be the reason for taking the steps he and other billionaires take right now.Ok I think we found the real answer now and I think your right. They all probably got tipped off about the below and are not taking the risk of a 2025 Biden budget proposal with a 44.6% federal long term capital gains tax rate up from 20%. The capital gains bracket these rich guys are in they were wise to have sold now.
https://www.atr.org/biden-calls-for...capital-gains-tax-since-its-creation-in-1922/
(1) I believe this too. I think that @Martin Everson is correct!That must be the reason for taking the steps he and other billionaires take right now.
no price is ever too high or too low, the right price is the one buyers are willing to pay. Don’t even try value investing, nobody is smarter than the market (unless you have some insider info).
It can be repeated to endless and some will still not understand itno price is ever too high or too low, the right price is the one buyers are willing to pay. Don’t even try value investing, nobody is smarter than the market (unless you have some insider info).
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