>TRUMP ORDERS CAPITAL GAINS TAX CUT
Is this bullish or bearish for crypto? Selling your crypto bags will seem more lucrative right now.
CAPITAL GAINS TAX CUTS
Gabriel Kelly
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Nathaniel King
Hunter Fisher
>except crypto
Just watch this shit happen fucking clown world.
Jaxson Mitchell
>scotty doesnt know
Ian Miller
Lmfao this is a fact. The Donald hates LINK, because Sergey has taken his place as the “burger king.”
I’d go long on McDonald’s Trump will make sure that he becomes the #1 burger man.
Tyler Wright
source?
Ayden Jackson
Depends on whether Trump wins or Biden. If Trump wins, probably nothing different (for now) compared to if he didn't cut CG. But if Biden wins, there will be even more incentive for people to exit markets EOY to take advantage of cheap taxes before 2021 comes around and we get raped by whatever the next tax policy will be.
Blake Ward
"...a capital gains tax cut which will create a lot more jobs"
lol
maybe more jobs in the lambo factory
Easton Adams
This nigga has to cancel the income tax next
Colton Sanchez
Does this apply to short term? Is capital gains only assets held over one year? Or would this apply to assets bought this year and sold this year?
Andrew Flores
This piece of shit he’s gonna exclude crypto. Fucking sick of this piece of shit
Michael Sanders
God, i hope short term
All my crypto gains are MINE
You hear me kikes? MY MONEY.
Carter Green
Thisss, and im onboard for permanent end to payrol tax, nobody under 40 is getting any social security lets be real, fuck paying for it
Joseph Baker
based. if that happens I'll actually start swinging
Christopher Turner
He told me I would get tired of winning, and he may be right
Blake Baker
He already did that Friday you idiot
Jason Jackson
I mean permanently
Mason Rogers
If he cancels payroll and capital gains I'll vote for him fa sho
Luke Green
DJT is buying votes, way more and bigger than other presidents. big league by far. this kind of thing should have been done, frankly, by other administrations but he'll take care of it. dont worry, you'll see. he does the biggest deals for america.
Jonathan Roberts
>Does this apply to short term? Is capital gains only assets held over one year? Or would this apply to assets bought this year and sold this year?
He's talking about reducing capital gains tax, not changing the definition of capital gains.
So I assume it still means assets held more than one year.
Which may not be good for crypto, because it might mean less trading ... Trading for marginal gains that are taxed as income, vs hold for long term and pay no taxes, I think we'll see more holding. And less liquidity. So fewer speculative pumps.
On the other hand, it would mean the better long term holds start to look even more attractive ... anything looking like it'll be worth more a year from now will start to moon, because people will be chasing the long term projects rather than the short term pumps.
Good? Bad? Who knows.
Julian Ross
thank u doland
Camden Murphy
What a lame meme. So fucking gay that people post this unironically. Imagine holding xrp after 2017 lmfao.
Hudson Cooper
Is there anything this man can't do?? Futures are through the roof right now
Robert Flores
kek. just beered my keyboard
Angel Young
they're gonna want to kill em. i know he's on the other side of the cabal coin but anything can happen
Ayden Torres
Isn't it just by inflation? 2% on 20-30% on short term gains isn't gonna do you boys much good.
Angel Watson
bullish for gold and silver
they are going to cash out of the stock market and move to precious metals and other physical assets as a hedge against the failing dollar.
Cameron Torres
what's capital gains tax in the USA at right now?
Jason Barnes
Depends on your income bracket. Single and 45-90K I think is 15% state and then often 5-10% state.
Over 90K it goes up and caps out at 22% or something I think.
Justin Sullivan
Like 15% for normies, and 20%(or more) for the rich.
Caleb Rivera
If he cuts government spending he's unironically the best president we've had in generations
Benjamin Clark
>cut government spending
don't make me laugh its helicopter money to at least the election and maybe longer.
The FED is fucked and has no real option but to print money