Much has been made of President Joe Biden’s proposal in the Fiscal Year 2025 Budget of the United States Government, to raise capital gains rates. The number being bandied about is 44.6%, which ... Vice President Kamala Harris moved toward the political center with her new tax proposals. ... scaling back a proposed increase of the capital gains tax. ... That compares with 44.6 percent under ... The “Minimum Income Tax on the Wealthiest Taxpayers,” backed by Kamala Harris, would impose a floor levy of 25% on the total of regular income plus capital gains on all taxpayers holding a net ... In an economic speech in New Hampshire on Wednesday, Vice President Kamala Harris plans to propose a smaller increase in taxes on capital gains, breaking with the policy laid out by President Joe ... When including unrealized capital gains as income, the household’s effective tax rate is 12 percent, below the proposed 25 percent minimum. To increase their effective tax rate to 25 percent, the household would owe an additional $1.95 million in tax (resulting in a combined $3.75 million in taxes owed on $15 million of income when including ... Vice President Kamala Harris’ presidential campaign said she supports President Joe Biden’s 2025 budget proposal, which called for a 25% minimum tax rate on unrealized capital gains for ... Both the proposed 44.6% top tax rate on capital gains and investment income as well as the new 25% proposed minimum tax on unrealized capital gains and other income would only apply, respectively ... A poll from the New York Times and Siena College found that Trump was in the lead over Harris by one percentage point, but a YouGov poll shows the two tied in Pennsylvania, the outlet reported. An Aug. 24 Threads post claims the Harris campaign has proposed a 44.6 percent tax rate on long-term capital gains. It appears to show a CNBC broadcast ... As for the 44.6% tax rate alluded to in an email from a Snopes reader, it referred to a pair of proposals that would increase the top ordinary tax rate on long-term capital gains and qualified ...
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