Can the federal government do anything right? President Biden and the IRS are coming for MORE taxes by raising the capital gains rate to what some are calling the “highest formal federal capital gains.” Biden’s budget proposal for fiscal year 2025 would raise the capital gains tax rate to 44.6%, and the rates come with MANY caveats and asterisks. Some are saying NOT to panic, but when will Americans realize that Biden is trying to destroy the ability for people to make money and get ahead?

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