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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 ...
Hence, even after paying the min-tax, the rich person would get pounded by an additional tax of 14.6% on the sale (the difference between the 25% min-tax and the 39.6% that the Green Book advocates).
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. With the United States reportedly being ...
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.
"The Harris Walz are proposing a 25% Unrealized Capital Gains Tax," the post reads. "What does that mean? If the value of your house, increases $15,000 over the next year (sic). ... Kamala Harris ...
These include a new 25% minimum tax on people with fortunes exceeding $100 million, including on unrealized capital gains. For those earning more than $1 million annually, Harris has proposed ...
Harris plans to tax unrealized stock gains — but only for people worth $100 million ... out that Kamala Harris wants to tax *unrealized* capital gains," he wrote in the post on X. "The main ...
The most controversial idea by far is a plan to tax the unrealized capital gains of households if their net worth exceeds $100 million. ... minimum tax of 25% of their "income" — alongside a ...