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Greg Greg
CNBC Television
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Comments by "Greg Greg" (@SlowhandGreg) on "Jim Cramer on reports that President Biden is planning first major federal tax hike since 1993" video.
Rush to sell if they introduced capital gains on over 1 mill? Who the f**c has capital gains in a tax year of over 1 mill oh yea the super rich and oh they'd only pay it when they sold thier stock and also they'd B&B thier portfolio before it took effect. Your looking at your first million free of tax anyway it's hardly worth crying about Cramer Ex if you had a portfolio of 100 million and it increased by 10% in one year to 110 you'd still pay nothing, if it increased by 11% you still only pay tax on one percent and then only when you sold the stock. The US has one of the lowest corporate tax rates in the world and one of the most generous when it comes to tax loopholes and reinvestment incentives cough Amazon cough
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