They’re also reducing the float requirements, which is absolutely insane. As a passive investor with significant assets outside of tax-protected retirement accounts, I am beyond livid. If I have to switch investments to move away from the rules being changed out from under me, it will result in enormous tax consequences.
I don’t tend to let my emotions out this much here, but utterly fuck everything about this administration, and fuck anyone who voted in favor of it.
What about those that made this administration so desirable for so many?
Nothing like a forced tax event to get the people rioting in the streets!