Comments by "Greg Greg" (@SlowhandGreg) on "Public.com CEO on how a capital gains tax hike could impact retail investors" video.

  1. The rate is a million in gains per annum and that would exclude your personal pension plan If you invest say in Amazon over 10 years you'd need to make +10 million and even then it would only be the sum > 10 million that would attract tax, your overall stock holding would have to be very substantial and I'm presuming you can offset losses. So errrr bit of a nothingburger only affects the really rich in fact it even encourages you if your on the the edge of this to move savings into pensions
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  2.  John  if you made 10% PA you'd need to invest > than 10 million If you have 10 million in investment your neither middle class and definitely not poor
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  3.  John  what argument there is non the tax increase affects mostly CEO's paying themselves with share options to avoid income tax. Anyway you only pay it when you cash in plus it can be annualised plus its on sums > than 1million
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  4.  John  It doesn't, investment capital isn't done through individual high rollers playing with their monopoly money. Its done through Merchant banking and or Investment and Venture Capital firms etc.
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  5.  John  Its a personal tax item companies and investment firms don't pay it.
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