{"id":112673,"date":"2021-04-23T00:26:33","date_gmt":"2021-04-23T00:26:33","guid":{"rendered":"https:\/\/fin2me.com\/?p=112673"},"modified":"2021-04-23T00:26:33","modified_gmt":"2021-04-23T00:26:33","slug":"fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/","title":{"rendered":"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says"},"content":{"rendered":"<ul>\n<li>CNBC&#x27;s Jim Cramer said investors are unnecessarily selling stocks on reports that President Joe Biden could raise capital gains taxes.<\/li>\n<li>&quot;The idea that Biden has 50 senators who&#x27;ll vote for this is just fanciful, frankly,&quot; the &quot;Mad Money&quot; host said.<\/li>\n<li>&quot;Be ready to buy stocks that are getting crushed by tax fears that have nothing to do with the fundamentals,&quot; he said.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>FB<\/span><\/li>\n<\/ul>\n<p>Investors selling stocks in reaction to the Biden administration&#x27;s rumored plan to hike taxes on investments are making a mistake, CNBC&#x27;s Jim Cramer said Thursday.<\/p>\n<p>&quot;Please, do not fear the taxman. Don&#x27;t fixate on where a stock came from, only think about where it might be going,&quot; the &quot;Mad Money&quot; host said, shrugging off the odds that the proposal would get through Congress as is.<\/p>\n<p>Stocks fell after a Bloomberg News report said that President Joe Biden could propose raising capital gains taxes on millionaires.<\/p>\n<p>Convinced that the situation is creating discounts in the market, Cramer is taking the other side of the trade.<\/p>\n<p>&quot;Be ready to buy stocks that are getting crushed by tax fears that have nothing to do with the fundamentals and watch for stocks with good yields if you&#x27;re desperate for tax-efficient income,&quot; he said.<\/p>\n<p>Cramer advised investors to not sell the news, given the hurdles Democrats have to push the policy through a Senate with a slim majority.<\/p>\n<p>&quot;I can live with taxing capital gains as ordinary income \u2013 we don&#x27;t want higher taxes, but I can live with it \u2013 but the idea that Biden has 50 senators who&#x27;ll vote for this is just fanciful, frankly,&quot; Cramer said.<\/p>\n<p>As reported, the plan would increase the capital gains tax to 39.6%, up from 20%, for wealthy Americans.<\/p>\n<p>Disclaimer<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/04\/22\/jim-cramer-fears-of-bidens-capital-gains-tax-are-discounting-stocks.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC&#x27;s Jim Cramer said investors are unnecessarily selling stocks on reports that President Joe Biden could raise capital gains taxes. &quot;The idea that Biden has [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":112672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me\" \/>\n<meta property=\"og:description\" content=\"CNBC&#x27;s Jim Cramer said investors are unnecessarily selling stocks on reports that President Joe Biden could raise capital gains taxes. &quot;The idea that Biden has [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-23T00:26:33+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/04\/Fears-of-Bidens-capital-gains-tax-proposal-are-discounting-stocks-Jim-Cramer-says.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/\",\"url\":\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/\",\"name\":\"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-04-23T00:26:33+00:00\",\"dateModified\":\"2021-04-23T00:26:33+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/","og_locale":"en_US","og_type":"article","og_title":"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me","og_description":"CNBC&#x27;s Jim Cramer said investors are unnecessarily selling stocks on reports that President Joe Biden could raise capital gains taxes. &quot;The idea that Biden has [...]","og_url":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/","og_site_name":"Fin2me","article_published_time":"2021-04-23T00:26:33+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/04\/Fears-of-Bidens-capital-gains-tax-proposal-are-discounting-stocks-Jim-Cramer-says.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/","url":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/","name":"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-04-23T00:26:33+00:00","dateModified":"2021-04-23T00:26:33+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/fears-of-bidens-capital-gains-tax-proposal-are-discounting-stocks-jim-cramer-says\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Fears of Biden&#x27;s capital gains tax proposal are discounting stocks, Jim Cramer says"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/112673"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=112673"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/112673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/112672"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=112673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=112673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=112673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}