In this episode, Dan & Ian outline Joe Biden's new proposed tax plan. With the most recent stimulus packages, we have seen a lot of new money start to enter circulation. This is a proposed plan to begin controlling the national debt and increase governmental revenue. The proposed plan is to increase the long term capital gain tax from 20% to 40% at the highest ranges. The idea is that the top 1% in the United States derive their income from passive activities. Biden has not been shy about his plan to make the wealthy more accountable.  

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