Search results
Results from the WOW.Com Content Network
Under the Harris/Biden proposal, all households with more than $100 million in net assets would pay a minimum tax of 25% on their combined income and unrealized capital gains. This would most ...
3. Harris wants to scale up tax credits for families and first-time homebuyers, while Trump wants to create new tax breaks. Trump’s Tax Cuts and Jobs Act expanded the child tax credit (CTC) for ...
Hence, even after paying the min-tax, the rich person would get pounded by an additional tax of 14.6% on the sale (the difference between the 25% min-tax and the 39.6% that the Green Book advocates).
The 2024 election will affect taxes, with key policy changes expected in 2025 no matter who wins. Trump's plans could mean tax hikes for lower earners; Harris' proposals would target higher earners.
Tax policy is set to take center stage after the election, as major portions of the tax code are due to expire by the end of 2025. Key portions of former President Trump’s Tax Cuts and Jobs Act ...
One of Vice President Kamala Harris' proposed tax plans is to implement an unrealized capital gains tax for individuals with net wealth above $100 million. With the United States reportedly being ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The claim: Post implies Harris plan includes tax on unrealized capital gains for everyone. An Aug. 26 post on Threads (direct link, archive link) lays out a hypothetical financial scenario, based ...