It's not a new idea from Joe Biden but he's trotting out the idea again. Capital gains is about 20% percent right now. That means, you sell a house and keep the the profits, the government takes 20% of it. Now, Joe Biden wants to virtually double that. Not that the government isn't already hammering you for money that you've earned, Biden would love to get double of that. A very, very typical idea of the left made even more ridiculous by Biden. He tells you about it here.
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