Biden Proposes Historic High 44.6% Capital Gains Tax Rate: What It Means for Investors
President Biden’s proposed 2025 budget includes a significant increase in the top capital gains tax rate, reaching 44.6%. This would mark the highest 44.6% capital gains tax rate since its creation in 1922. Here’s a deep dive into what this means for investors, business owners, and families planning their financial futures. What is Capital Gains…