BREAKING: Stocks sharply drop to new session lows; Bloomberg reports President Biden will propose a capital gains tax as high as 43.4% for the wealthy. https://t.co/G2vjJUIJ82 pic.twitter.com/6N6hwRWBtl
— CNBC Now (@CNBCnow) April 22, 2021
The problem is I won’t be able to wallpaper my house with Biden’s nice Tweets or burn them in my furnace for heat.
“President Biden will propose a capital gains tax as high as 43.4% for the wealthy” – Awesome! Suppose it’ll apply to politicians and their families?
That fall-off is from politicians and their relatives selling out of the market.