Biden Proposes Doubling Capital Gains Tax: What This Means for Your Taxes

Capital Gains Tax | Spring Lake, Manmouth County

If you haven’t heard yet, President Biden’s latest $7.3 trillion budget for FY 2025 is making headlines with some major tax changes. The President is pushing for a nearly doubling of the capital gains tax rate, along with a new minimum tax on billionaires and a hike in Medicare taxes. While the White House is […]