Many netizens are currently making comparisons between Biden and Trump and our story here is about the stock markets under the administrations of these two men.
As one is ultra-conservative and the other ultra-liberal, there are several significant differences between the two leaders. Both sides of the political spectrum are making accusations that the other is better, which has resulted in a heated debate online.taxing unrealized gains after the shit show of 2022 is absolutely insaneBiden is enacting a new tax for wealthy individuals for their unrealised capital gains. The tax is up four fold.
You will eventually have to pay taxes on your 401 k that you can’t touch until 60 but since it is making money you will pay. If you believe it is only for people over 400k you are deluding yourself.Some comment that this is one of the good things that Biden will do. However, the netizen claims that the rich people are still not taxed enough. There are some doubts about this ruling as others speculate that the retirement fund, 401k will be taxed too.
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