Every year, US Politicians dominate the stock market with no repercussions (via @unusual_whales on X)
Posted by Jan-Michael-Vincent-
Every year, US Politicians dominate the stock market with no repercussions (via @unusual_whales on X)
Posted by Jan-Michael-Vincent-
4 Comments
Members of Congress should absolutely never own stock.
now why the hell are you getting downvoted!? this is THE story of conspiracies and corruption in the US.
I just googled the first guy on the list, Brian Higgins. He bought Nvidia stock in 2021 and never sold it. Supposedly it is also the only individual stock he owns. Not defending anything, just thought that was interesting.
Another fun fact…when they sell the stock they only pay capitol gains tax which is a flat 15% if it’s less than $518,000. They don’t pay income tax, social security tax and all the BS that gets taken out of our pay checks and requires an accountant to figure out our taxes. Just a simple 15% and a 3rd grader could do their taxes.