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Kamala Harris proposes highest Capital Gains Tax in over 100 years for stocks and crypto

Earlier in 2024, there was a significant backlash to President Biden’s proposed tax plan, which would see capital gains taxes rise to their highest levels in 100 years, unrealized gains become taxable for some individuals, and corporate taxes see a substantial uptick. Despite the passage of nearly five months and the changing of the Democratic Party candidate from Biden to Vice President Kamala Harris, the debate has not subsided and has, in several ways, only grown more intense. Indeed, Harris historically endorsing measures deemed even more radical than the current President’s and her recent comments on price controls seeing her labeled a ‘communist’ have only stepped up the pressure on the campaign. Picks for you AI predicts Cardano price for ‘Chang Hard Fork’ upgrade 29 mins ago ...