The Treasury Department’s other capital gains proposal in the Biden administration’s current budget is just as foolish. It would approximately double the top capital gains tax rate from the current 20% to 39.6%. Yellen’s statements regarding the sustainability of U.S. debt cannot be trusted any more than could her capital gains tax proposals or her excessive monetary growth. Time and time again, she has supported foolish policies while ignoring their negative long-term effects. https://www.americanthinker.com/articles/2024/05/yellen_wrong_yet_again.html