this post was submitted on 18 Apr 2024
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But the increase in the capital gains tax for realized gains above $250k is going to push all of the researchers and engineers out of the country, eh! Big brain drain happening!
I have a fairly cushy IT job, and I don't see many jobs that aren't managerial that the tax would affect. Enough to the point of it causing a brain drain, which wouldn't already have happened due to other reasons.
If it gets us rid of some middle managers, that's great!