Stocks Puke As Biden"s Capital Gains Tax Reality Strikes

Who's been selling stocks during the tech rout? Baby boomers, perhaps trimming positions on worries about President Joe Biden's proposed capital-gains tax hike, are a likely culprit, says one trading tracker......»»

President Biden plans to pay for his "American Families Plan" by raising capital gains taxes to as high as 43.4% for wealthy Americans. President Joe Biden AP Photo/Eva.....»»

Stocks finished with gains, but off session highs and with weekly losses for major benchmarks, bouncing a day after reports that President Joe Biden plans to nearly double the capital-gains tax rate for Americans earning mo.....»»

US stocks closed higher as strong economic data outweighed investors' fears of the capital gains tax hike proposed by President Joe Biden. NYSE trader Gregory Rowe works on the floor of the New York Stock Exchange at the end of t.....»»

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

Stock futures were little changed Friday morning as investors continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»

"Bitcoin Fixes This": Silicon Valley Icon Slams "Job-Crushing" Biden Tax Plan, "Oppressive Government" With stocks tumbling following the report that Joe Biden is considering a proposal that would double the capital gains tax.....»»

US stocks sharply reversed Thursday following a report that Biden plans to nearly double the capital gains tax rate for wealthy Americans. Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City S.....»»

U.S. stocks struggled for direction as investors digest encouraging jobs data and a fresh basket of earnings......»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily.Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily......»»

"It Could Get Weird": Stocks Puke As "Extreme" Negative Gamma Strikes Just like late February, when we had 2021's first inflation scare-cum-Treasury tantrum, Tech is breaking down and look no further than A.....»»

But then some rich people could see a tax cut -- despite an increase in capital-gains tax......»»

What makes a capital gain, and what’s the impact of the capital gains tax?.....»»

Many taxpayers could avoid the tax by timing the realization of capital gains, but the elimination of the stepped-up basis loophole could mean the government would collect a lot of revenue......»»

Some Democrats are said to be sensitive to the argument that higher taxes on investment income could slow economic growth......»»

Biden's proposed 39.6% capital gains rate is stirring the pot on Wall Street......»»

One of the most prominent U.S. economists is warning that not only will President Joe Biden’s proposed hike on capital gains taxes fail .....»»

'Billionaire tax' would be simpler and smarter than a capital-gains tax hike and other complicated changes......»»