CORRECTION!!!
"LONG-run" should have been "SHORT-run"
for capital gains taxes which have always
been higher for holding something for
one year or less.
11/14/2020 UPDATE:
ANALYSIS of Biden Tax Proposals PDF
by the Tax Policy Center Non Profit shows
increased taxes on $400K or more earners
via multiple tactics incl. capital gains tax,
estate tax, social security payroll tax, etc.
and the good news is that the estimated
effective date might be Jan 1st, 2022 so
maybe we can do another update in 2021?
11/13/2020 UPDATE:
The Senate Democrats have taken a majority
and the House Republicans are one seat away
from a majority so CORRECTION!!! There was
NOT a Blue Wave as assumed during recording,
hopper makes mistakes and learns from then.
hopper covers tax benefits,
strategies, tactics & write-offs:
paying no taxes, less taxes
and finally some taxes...
hopper is NOT a financial advisor and
under the 1st Amendment Freedom of Speech
this podcast is for educational & entertainment
purposes ONLY as this podcast is Ad-Free not for profit
This episode's cover art is owned by Internal Revenue Service
under fair use for commentary ONLY as this
episode is Ad-Free not for profit