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How This Democratic Senator's Son Made $100 Million In Stocks And Why He Fled To Low Tax Florida


06:30am EDT|
How This Democratic Senator’s Son Made $100 Million In Stocks And Why He Fled To Low Tax Florida
MARY BETH KOETH FOR FORBES
In the last ten years, hedge fund investor Adam Wyden made his investors 11 times richer by uncovering hidden stock gems. His biggest worry? That his Democratic Senator father will tax his gains to death.
From
the sun-drenched house he’s renting in the ritzy Miami enclave of Bay Harbor Island, Adam Wyden is livid at the news crossing his Bloomberg terminal. It’s April 22, and markets are sinking on a report that President Biden aims to raise capital-gains tax rates to 39.6% for high earners, effectively doubling the rate for rich investors. ....

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