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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 ...
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. ... tax rate on income over $100 million ...
“Billionaire tax” is a misnomer, since the min-tax sets the bar way below 10 figures at $100 million. Besides, the blueprint for targeting unrealized cap gains often gets wrongly characterized ...
Harris plans to tax unrealized stock gains — but only for people worth $100 million. ... the top 1% has approximately 40% of their wealth tied up in unrealized capital gains. The lack of taxes ...
The White House released a statement in March 2024 that President Joe Biden proposed a 25% minimum tax on the unrealized gains of people who own $100 million or more in assets. Were this to ...
Most recently, the Biden administration proposed an unrealized capital gains tax for those with a net worth of over $100 million. The proposal could affect more than 10,600 people in the US ...
Mark Cuban said that taxing unrealized capital gains would "kill the stock market." President Joe Biden proposed taxing unrealized gains for people worth over $100 million.
"The Harris Walz are proposing a 25% Unrealized Capital Gains Tax," the post reads. "What does that mean? ... would apply only to those with net worths of at least $100 million. Proposed tax would ...