- cross-posted to:
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- cross-posted to:
- [email protected]
Economically to the right of Genocide Joe.
Long-term capital gains, or assets held for more than one year, are currently taxed at a maximum rate of 20%.
So not nothing, but not much, assuming the change can be pushed through at all. Nothing will fundamentally change. These taxes wouldn’t even affect well-paid workers; they only kick in at $1M.
I think we need to ask who this is for? Because its not for her voters or likely voters.
Why should she give a shit about voters? They’ll either vote Blue No Matter Who or they’re the enemy.
It’s for her donors, the capitalist class that funds election campaigns. It’s a big club, and you ain’t in it.