BREAKING: Trump is considering to cut capital gains taxes ahead of midterm elections, per Bloomberg.
· 1.4M Views
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BREAKING: Trump is considering to cut capital gains taxes ahead of midterm elections, per Bloomberg.
· 1.4M Views
@unusual_whales What the fuck. No way this happens. If it does. This might be the only thing to help him!
@unusual_whales Markets will price the policy only after it becomes reality.
@unusual_whales lol predictable. I love the acceleration of loss of revenue for the government while spending more. Word!
@unusual_whales Whatever happened to ending the income tax entirely?
@unusual_whales Doesn't he know that only top 10% own like 80% of the stock market?
@unusual_whales Funny how tax cuts only become urgent when votes are on the line. My overall read on the tape for now → sessionlevels.com/t/tier1-v1-2…
@unusual_whales Lol. Thats really funny because he is supposed to be helping his struggling MAGAs yet he is only helping out the wealthy.
@unusual_whales If this where to ever pass the markets would love this.
@unusual_whales hahahaha This fucking swindling con Whatever it takes, right? 🤣
@unusual_whales At this point, you could offer free BJs with ScarJo and it wouldn’t unfuck your debacle in Iran, Donnie.
@unusual_whales Capital gains tax cut chatter is a classic pump before midterms, but Congress math hasn't changed. Markets will trade the headline, not the law. Until a vote path appears, treat this as noise not a positioning shift.
@unusual_whales Everything they want to cut it great but its not what Americans need. They need low rates, low gas, low groceries right now
@unusual_whales rwa positioning is about to get interesting btc pump effect here
@unusual_whales isn't capital gain taxes again mostly benefiting the very rich?
@unusual_whales My market view ⬇️⬇️ If this passes, expect a short-term equity pop, but long-term fiscal concerns could keep bond yields elevated. premarketdesks.com/t/tier1-v1-…
@unusual_whales bro just wants to do this to benefit himself and his friends/ family who insider traded this entire year
@unusual_whales Removing the tax on the sale of one’s primary residence would also be a good one to add to this.
@unusual_whales That'll definitely help the average working family's bottom line. This is what they are all calling for right?
@unusual_whales This would be insane!! Pleaseeeee make this happen. I’d vote for him a third time if he could pull that off. 😂 The stock market would go parabolic!
@unusual_whales How else is he going to capitalize on all his insider trades? Plus, this benefits his friends and does nothing for regular Americans so it seems like a win-win for him.
@unusual_whales Only about 15% of US taxpayers actually pay a federal capital gains tax in any given year. This is because most Americans do not sell investments annually, or their income qualifies them for a 0% tax rate.
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@magajcs @unusual_whales Trump gets Marine released from Russia and it looks like you'll have to get a job x.com/pgavigan77/status/208732…
@NotVictorRand @NickeyDimez @unusual_whales And we would be the ones left holding the bag because we don't get sell as quick as they do.
@pgavigan77 @unusual_whales You put up a picture of DeSantis for some reason because you're also a retarded faggot, we weren't talking about him.
@ChillSolTrader @unusual_whales @mdudas @slingoorio @germanarc1 ggs and see you at 1B
@chaosisaladdr @unusual_whales I didn't want more wars. In his first term he promised no new wars. There were no new wars... Hmmmm 🤔 Come on, I know you can do it, put that thinking cap on tight! Can you see the logic now, Dick?
@colt_that @Bodhi_Arambh @unusual_whales Right? These people are insane. I couldn’t be happier. x.com/RobertSkorpio/status/208…
@DaLeprekaun @unusual_whales LMAO He’s a compulsive liar that has literally lied about everything. You must be the biggest rube in the trailer park
@HoodMyke @FullTiltFutures @unusual_whales Single filers can already exclude up to $250,000 of profit, and married couples filing jointly can exclude up to $500,000. A very small group of Americans have gains on the sale of their home greater than that
@HoodMyke @FullTiltFutures @unusual_whales What percent of Americans have gains on a car sale each year?
@Joeeyfetta @NickeyDimez @unusual_whales Well you could sell tomorrow but sure.
@volz_james41091 @holmestheseeker @unusual_whales @grok Even though the own no stock
@NotVictorRand @NickeyDimez @unusual_whales Yeah, while the top 10% sells tonight
@SAbramowitz9021 @NickeyDimez @unusual_whales LOL, Exactly! If you get rid of the capital gains tax, which is something I think only Congress could do anyway, it pretty much means rich people will sell a portion of their portfolios to take advantage of it, which would then mean the stock market would drop not go up.
@NotVictorRand @NickeyDimez @unusual_whales No this would cause markets to go up, specifically in fixed income and dividend products
@Gologolum @unusual_whales He is a joke. Sits on $10m in bonds lol. All in $50k. U think he gets this return?
@AZbroker @GodIsVoluntary @unusual_whales If the US cares that much about cost just homeport the ships and close its overseas bases.
@fijiflowers8888 @unusual_whales It’s the number of votes. Think of how many people have jumped on Robinhood since COVID. They are all exposed to capital gains. It would be a nuke.
@Kozhemyatko @unusual_whales I'm all for lower taxes. But, the bottom 50% of earners pay 3.3% of total income taxes. Not much cutting left to offer... ntu.org/foundation/tax-page/wh…
@joe4deadcat @HiiiPowerRevo @unusual_whales Don’t have the votes.
@Liveitup331 @FullTiltFutures @unusual_whales And those are not subject to capital gains.
@HoodMyke @FullTiltFutures @unusual_whales Im going to take a guess and say 99% of people dont have capital gains on their car. Generally you sell them for less than you bought it for. But, if you want to give me 25k for my 2018 Camry with 95k miles, Ill gladly pay my capital gains tax.
@Maxcramer120 @FullTiltFutures @unusual_whales They dont pay capital gains taxes.
@SnaderTL @FullTiltFutures @unusual_whales Why does that matter? 250k/500k is exempt from capital gains.
@TravisL563971 @FullTiltFutures @unusual_whales Taxation is irrelevant. I replied to a false post on ownership to stocks. The false insinuation was he’s appealing to a small percentage of Americans to might own stocks. Not whether the assets were taxable vs non.
@RK8884915098834 @unusual_whales I’d get behind that. Reduce the tax % above that too
@PapaStew80 @NickeyDimez @unusual_whales A sewer trough is just a negative parabola.
@Av8r07 @fijiflowers8888 @unusual_whales If you think that’s gonna happen, then you likely believed him when he said we won the Iran war the 49 times he’s said it.
@RyanB1810 @HoodMyke @FullTiltFutures @unusual_whales yep and that group overlaps with the 10% that have 80% of the stocks
@MahketVoodoo @Nickmystery1 @unusual_whales It’s still capital gains and the headline doesn’t specify ST or LT.
@D09119713 @PsyshockGame @unusual_whales The only thing that’ll rise is the bulge your have in your pants for Trump
@DCSlowRide @unusual_whales It’s not hard to issue refund checks. They can federally stimulate the people about to lose their home over property taxes. There’s ways where there’s will 🇺🇸
@JustinSlater723 @DaLeprekaun @unusual_whales You can’t be this fucking retarded. Get off your knees and wipe your mouth.
@pgavigan77 @jay_jayrmay @unusual_whales What the fuck is the relevancy to what he posted? Fucking lobotomite
@AZbroker @GodIsVoluntary @unusual_whales Definitely one way to look at it but i think we should also consider how much our economy thrived under the security we provided, to do this now might be too late
@DaLeprekaun @chaosisaladdr @unusual_whales Some people talk shit but it’s important that people remain objective to be able to change their minds, good for you for seeing the light
@Av8r07 @fijiflowers8888 @unusual_whales All those huge Robinhood gains 🤣 median account balance of $500 or less 🤣 🤦♂️
@oxlongoink @GodIsVoluntary @unusual_whales It was never going to happen, unfortunately. They know what will be allowed and what won't be allowed. They know it takes time to for courts to rule on these matters. In the meantime, they manipulate the public then say *Sorry. Our hands are tied, the courts won't let us"
@slayerofhate444 @unusual_whales 60% of the population now own stocks and that’s likely higher due to the recent boom on Robinhood.
@GoodPizzaPie @fijiflowers8888 @unusual_whales Won’t matter a vote is a vote. What are we now going to argue that people with more money in those accounts are more valuable humans?
@ShockleyMiles @unusual_whales 60% of the population now own stocks and that’s likely higher is likely higher as younger people have flocked to online trading over the past few years. Anyone who owns a home is also impacted. Ain’t just rich guys.
@EuropasJourney @NickeyDimez @unusual_whales Maybe, it depends on how confident everyone was that these last. Otherwise its just a sort of rug pull or profit taking fire sale. He may just be doing this so if a subsequent admin has to undo it, and then they accuse them of raising taxes.
@EuropasJourney @NickeyDimez @unusual_whales In any case i think capital gains and income tax should be eliminated entirely, so i mean its good i guess. It doesnt change my strategy at all, i just assume someone wants their pound of flesh whenever i make any money. Whether its taxed, inflated, or just a higher price.
@slayerofhate444 @unusual_whales It doesn’t matter how much of it is owned by a small percentage of people. If the other 7% is owned by 60% of the population it’s still money they have invested and are taxed on. Their vote counts as much as the next guy.
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