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Old 09-06-2024, 06:07 PM
manaboutown manaboutown is offline
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Default Anyone else see a grim future for capital gains tax rates?
Warren Buffett has been selling large amounts of AAPL and BAC stock from the BRK portfolio. No doubt one reason is to lock in gains while the market remains overpriced as well as rebalance the BRK portfolio which at one time was over 50% AAPL but I feel an additional reason is that he sees LTCG tax rates substantially increasing by 2026. So do I.

As an aside he has built up quite a war chest to buy when the time is right IMHO.

Thoughts?
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