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Dylan sells his entire catalog

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5 hours ago, django49 said:

Further to that point......There have been serious proposals floated to change the federal tax system that would affect the way such sales are taxed. If enacted, and if the changes were retroactive to January 1, 2021, recognizing the gain in 2020 rather than gambling and waiting until next month could save Bobby something on the order of $60 million in taxes at the federal level alone. You might just call that "ASTUTE planning".

I know a few folks who are contemplating triggering serious gains before December 31 ends, albeit none of them in the nine figure range........

Yup.  And, not being political just factual, that appears to hinge on two small inconsequential run-offs in some state...

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