I keep checking... mine's always empty. Now what?

Is this opinion signed by Putin?

It provides incentive to keep your money in the market.

No it doesn't. The vast majority of my stock has LTCG treatment. When I sell, I sell that stock because of the preferential tax treatment and let my non-qualified stock bake longer. You either have the wealth to be in the market and can play the game or you don't and you're not in the market. I've lived both lives.

Yep - an extra $288/yr for the same shitty service.

There's a whole bunch of Republicans (and a few Dems) who have violated international law, so of course they're going to attack it...

LTCG means that I can 15% or 20% (depending on income) on selling stock even if I'm otherwise in a high tax bracket. Why should I get to have a massive tax break just because I already have a lot of income? There's nothing special about my income from stock vs. my income from employment other than I work a hell of a lot harder for my income from employment than I do my income from stock.

They're complicit in this. They could absolutely string him up for this, but they never will.

The other thing to get rid of is long term capital gains taxes and just tax capital gains as regular income.

TIL - interesting language... even the article goes on to call it a cap multiple times even though the official title is what you listed. Thanks for sharing!

We're talking about a cap and not a base, but yeah... remove the cap and everything gets better.

Trump probably personally told Putin the where and when of the visit.

Fucking crooks