Sep 4, 2024 · Under the new proposal, taxpayers with net wealth above $100 million would be required to pay a minimum effective tax rate of 25 percent on an expanded measure of income that includes their unrealized capital gains.

Sep 9, 2024 · Vice President Kamala Harris has proposed a 28% tax on long-term capital gains for Americans who earn $1 million or more. Are higher taxes a surprise from a progressive Democrat? In some ways,...

Aug 29, 2024 · Among the more controversial of the Biden proposals—which Harris has repeated—is a tax on unrealized capital gains for taxpayers with wealth greater than $100 million. It may be labeled a...

Sep 10, 2024 · Democratic presidential nominee Vice President Kamala Harris last week proposed a 28% tax on long-term capital gains, or profits from the sale of assets owned for more than one year, for those...

Oct 6, 2024 · Under the Biden-Harris administration’s proposal, impacted taxpayers would be required to pay a minimum effective tax rate of 25% on all of their income – including unrealized capital gains.

Oct 21, 2024 · Harris has not formally addressed unrealized capital gains on the campaign trail. Recent viral social media posts falsely claim the proposal will cause everyday Americans worth far below the...

Sep 5, 2024 · Vice President Kamala Harris has endorsed Biden's plan to tax unrealized gains on wealth exceeding $100 million, also known as the billionaire minimum tax.

Sep 4, 2024 · Vice President Kamala Harris proposed increasing the long-term capital gains tax rate to 28% for wealthy Americans during an economic speech in New Hampshire on Wednesday, breaking with the...

Aug 30, 2024 · Social media claims about who could face those new taxes began circulating after an Aug. 16 report from the Committee for a Responsible Federal Budget said Harris’ campaign supported...

Feb 7, 2025 · The Biden administration’s proposal to raise the capital gains tax to 44.6%, with Vice President Kamala Harris’s backing, marks a significant shift in U.S. tax policy. While the goal is to address income inequality and fund essential public services, the proposal also raises questions about its impact on investors and the broader economy.