Biden to float historic tax increase on investment gains for the rich

That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/biden-to-float-historic-tax-increase-on-investment-gains-for-the-rich/articleshow/82207328.cms