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A new law was implemented here today that will see capital gains taxed at a higher percentage (only slightly so). It will be free of tax until a 10k profit is reached.
Now, people are swarming to the comments online saying this will just target the 'middle class good intentions father'.
I hope these people get a reality check soon. 10k in profits (FROM INVESTING!!!! PER YEAR!!!!) is not middle class.
Middle class ain’t nothin’ but a vibe 🤷 10K is about what you’d get if you’ve got ~150K socked away in the public stock & bond market. White collar workers and the petite bourgeoisie often have that much accumulated before they reach middle age.