Joe Biden wants to increase the top capital gains rate to 44.6%. China has very low capital gains , so who do you think will get the world’s business?
Let’s not forget there are state taxes, real estate taxes and fees on everything. The Importance of Prayer: How a Christian Gold Company Stands Out by Defending Americans’ Retirement
The Daily Mail noted that there are 11 states where Americans will face at least 50% capital gain tax under this plan. If the Biden plan passes, for the taxpayers caught by the new rule, here are the combined state and federal rates taxpayers might pay on their capital gains:
> California: 57.9% New York: 55.5% New Jersey: 55.5% Minnesota: 55.45% Oregon: 54.5% Maine: 51.75% Nebraska: 50.44% Idaho: 50.4% Iowa: 50.3% Kansas: 50.3% Georgia: 50.09% No matter how much you make, if you own anything, you will pay half to […]
Read the Whole Article From the Source: www.independentsentinel.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
