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Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
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Biden Eyeing Capital Gains Tax as High as 43.4% fo

:Biden Eyeing Capital Gains Tax as High as 43.4% for Wealthy

President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6% to help pay for a raft of social spending that addresses long-standing inequality, according to people familiar with the proposal.
https://www.bloomberg.com/news/articles/2021-04-22/biden-to-propose-capital-gains-tax-as-high-as-43-4-for-wealthy?srnd=premium

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