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2. Major Tax Change Coming? What To Know, According to ... - AOL

   www.aol.com/finance/major-tax-change-coming-know...

   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 ...

3. Harris tax proposal only for those with net worth above $100 ...

   www.aol.com/harris-tax-proposal-only-those...

   The proposal would impose a minimum 25% tax on a combination of income and unrealized capital gains, according to The New York Times. But the targeted nature of the proposed tax is critical ...

4. Capital gains tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax_in_the...

   From 1998 through 2017, tax law keyed the tax rate for long-term capital gains to the taxpayer's tax bracket for ordinary income, and set forth a lower rate for the capital gains. (Short-term capital gains have been taxed at the same rate as ordinary income for this entire period.) [ 16 ] This approach was dropped by the Tax Cuts and Jobs Act ...

5. Kamala Harris Supports Tax on Unrealized Capital Gains ... - AOL

   www.aol.com/kamala-harris-supports-tax...

   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 ...

6. Capital gains tax - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax

   Individuals paid capital gains tax at their highest marginal rate of income tax (0%, 10%, 20% or 40% in the tax year 2007/8) but from 6 April 1998 were able to claim a taper relief which reduced the amount of a gain that is subject to capital gains tax (thus reducing the effective rate of tax) depending on whether the asset is a "business asset ...

7. Capital Gains Tax Rates for 2023-2024 - AOL

   www.aol.com/finance/capital-gains-tax-rates-2023...

   Any unrecaptured gain from the sale of Section 1250 real property (25%) ... One exception to capital gains tax rules is the sale of your primary home. Up to $250,000 — $500,000 for married joint ...