David Sacks
@DavidSacks · Apr 25, 2024
Let’s say you build a business from scratch and qualify for Biden’s new 25% unrealized gains tax. So you have to sell 25% of your business to pay the tax. But now you have to pay 44.6% cap gains + 13.3% CA on that. So you actually have to sell ~37%. Is this right?
Elon Musk
@elonmusk
Crazy
05:13 AM · April 25, 2024 · 156.6K views
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