Comments by "Hari Sadu" (@harisadu8998) on "Joe Biden’s New 43.4% Capital Gains Tax Rate" video.

  1. That's just the federal governent, it's over 50% if you look at 13 states!
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  2. Only US investors. Foreign investors don't have to pay.
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  3. This is kind of true. But you need to be a foreigner first. And you need to remain a non-resident.
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  4.  @globalbridges8570  hahaha, that's just crazy talk.
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  5.  @chrish.4891  Depends if their home country even has a capital gains tax. But no American taxes are due!
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  6. If the Democrats had won the senate in the way they wanted to and won additional house seats, there would be no negotiation. This was genuinely their plan.
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  7.  @milofonbil  Then your kids will pay the inheritance tax.
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  8. You have options but not much time.
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  9. If you have a net worth over $2m, it won't make a difference, you'll have to pay the capital gains tax anyway.
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  10.  @cyoki6155  No. You don't have to sell anything. The way it works is that if you have paid an average of $180K a year in tax for 5 years OR if your net worth is $2M, they will assess you for a capital gains tax on everything you have so they will look at your acquisition cost and the present value and judge how much is to be paid. You don't actually have to sell, they are essentially looking at any unrealized gains and considering your exit from the country as a taxable event for the purpose of capital gains.
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