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Using a simplified mathematical example, he concluded that Harris's approach would result in higher after-tax profits for companies. Regarding capital gains, Harris advocates for a tax rate of 28% ...
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 ...
An Aug. 26 post on Threads (direct link, archive link) lays out a hypothetical financial scenario, based on Vice President Kamala Harris’ reported support of a tax on unrealized capital gains.
The Kamala Harris campaign has made one of its first concrete policy proposals this week with a tax plan. The centerpiece of the plan is a series of high-end tax increases on corporations and ...
Currently, capital gains aren't taxed until assets are sold for any income level, but this plan would open a thin slice of the richest Americans to a new minimum tax of 25% of their "income ...
By most estimates, the top 1% has approximately 40% of their wealth tied up in unrealized capital gains. The lack of taxes on capital gains has been considered by some economists and tax experts ...
Billionaires are fuming about Kamala Harris’s ‘unrealized’ capital gains tax proposal—and getting it to work would be a heavy lift Shawn Tully Updated September 4, 2024 at 1:04 PM
Harris’ proposal to increase the tax rate on realized capital gains to 28% would apply to taxpayers with income over $1 million. About 875,500 taxpayers – or 0.54% – reported having that ...