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Put simply, what we’ll call the “min-tax” would impose a floor levy of 25% on the total of regular income plus capital gains on all taxpayers holding a net worth of over $100 million. For this... 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... Vice President Kamala Harris’ economic policy plans include a backing of President Joe Biden’s proposal to tax unrealized capital gains on the U.S.’ richest people, a plan unsurprisingly... Social media posts claim Kamala Harris' economic plan, were she elected president, would force Americans to pay tax on the rise in value of assets such as homes and stock investments, even if... 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 ... Tax policy experts provide the latest details and analysis of the Vice President Kamala Harris tax plan and proposals amid the 2024 Election. On tax policy, Harris carries forward much of President Biden’s FY 2025 budget, including higher taxes aimed at businesses and high earners. A billionaire minimum tax on unrealized capital gains would apply to taxpayers whose net worth is above $100 million, as proposed by the most recent Biden-Harris administration’s budget... 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. The Harris campaign has confirmed she backs the tax on unrealized capital gains. The proposal would impose a minimum 25% tax on a combination of income and unrealized capital gains, according...

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