I have seen the extremely uplifting and positive stuff all about Trump getting rid of the IRS and the Income taxes but I have seen nothing at all talking about Capital Gains taxes or State taxes. Has there been any information about how this new system may affect those of us who make our income primarily through Long Term Capital Gains? Any ideas about rug-pulling the State tax systems as well (I don't think the feds can do this TBH). I am currently forced out of the bloody country because the capital gains taxes are so bad. Can I have a hope to return? Anyone hear anything?
Checking Double-Dubs and Thanks for your thoughts on it. Yeah I have flexibility on converting from long term capgains or short term gains but I wont come back if its some massive double digit number like now. I wont write 7 and 8 digit checks to the IRS to start wars. I refuse. I will shut my company down and move overseas (I am currently in the process of doing this right now but dont want to) before I do that.
FULL FUCKING SEND ON THIS. Lets hang them all by the neck in front of their buildings and make the buildings into museums all about how money works and how shitty central banking is.