Maybe Biden is hiring 87k new IRS agents to handle the GameStop (GME) MOASS capital gains??
🧐 Research Wanted 🤔
Glad the few shares I will be willing to sell are already long term capital gains.
This is a good possibility as well.
The simplistic answer is it will take a lot more manpower to handle the new corporate tax and they can use the extra help to audit everyone else for missing pennies.
I do like to be optimistic that not all is lost and this will end up being for the best.