Take a look at this photo, Biden administration is proposing 44.6% capital gains tax. Basically they can take almost 50% of all the growth on your money that’s not protected in tax deferred or tax free vehicles. Example: your stocks grow 10% in a year, you just lost 5% to taxes. https://x.com/watcherguru/status/1825969543459778766?s=46&t=AL-iysiKPZVmlMrB28mNhw

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