I'm sorry, this may be a dumb question, but I haven't had my coffee yet... Would this affect ETFs held in a Roth IRA? Sounds like no , but just want to be sure.
I wish I had a reason to be concerned about this, hence made that much money, but this won’t bother me a bit. Now if they drop the annual income amount and tax all ETF’s , I will be p i ssed
But remember this would affect everyone with an ETF in a taxable account. Obviously with less assets, the taxes would be less, but still taxed when now it isn’t. I have never, and never expect to make $400k in a year, but I do hold ETFs in my taxable account, and I don’t want to pay more taxes.
Sorry guys, somehow at 5:52 the screen shot I added to the video didn’t show up, and I missed it on upload. My Bad!!!
I really. hope this doesn’t pass!!
Me too!
This would be a very Shitty change !
I agree!
I'm sorry, this may be a dumb question, but I haven't had my coffee yet... Would this affect ETFs held in a Roth IRA? Sounds like no , but just want to be sure.
Great question, no this would not affect ETFs held in a 401k or an IRA (Roth or Trad.)
I wish I had a reason to be concerned about this, hence made that much money, but this won’t bother me a bit. Now if they drop the annual income amount and tax all ETF’s , I will be p i ssed
But remember this would affect everyone with an ETF in a taxable account. Obviously with less assets, the taxes would be less, but still taxed when now it isn’t. I have never, and never expect to make $400k in a year, but I do hold ETFs in my taxable account, and I don’t want to pay more taxes.
Also the “rich” may sell out before this goes into effect thereby effecting the ETFs value.