Quoting New York Times: "The vice president supports the tax increases proposed by the Biden White House, according to her campaign."
...
"That’s how much more revenue the federal government would raise if it adopted a number of tax increases that President Biden proposed in the spring. Ms. Harris’s campaign said this week that she supported those tax hikes, which were thoroughly laid out in the most recent federal budget plan prepared by the Biden administration."
...
"The tax plan would also try to tax the wealthiest Americans’ investment gains before they sell the assets or die. People with more than $100 million in wealth would have to pay at least 25 percent on a combination of their income and their unrealized capital gains — the value of the appreciation in the stocks, bonds, real estate and other assets that they own but haven’t sold. The so-called billionaires-minimum tax could create hefty tax bills for people like Elon Musk who derive much of their wealth from stock they own."
> Either way, I’m far more concerned about Trumps $4k tax on me (in addition to the tax hike he implemented on me when he was president but I’ll let that slide).
He cut taxes did not increase taxes. This just tells me you are a lying shill for the Kamala Harris campaign. Do better.
> The vice president supports the tax increases proposed by the Biden White House
Yeah I'd wait for her to specifically say that before you sell your unrealized gains in a panic and flee the country. The self martyrdom thing is super weird imo.
> He cut taxes did not increase taxes.
Look up the SALT deduction cap as part of the TCJA. I paid ~$3k more than I would have if the SALT deduction was intact and I itemized. I am a shill for the Kamala campaign though, because I support America.
> Yeah I'd wait for her to specifically say that before you sell your unrealized gains in a panic and flee the country. The self martyrdom thing is super weird imo.
Welp. Kamala Harris' economic advisor confirmed the plan to tax unrealized gains on CNBC Squawk Box. There goes her full tilt to Socialism. Communism is next in line.
> Actually, I think you are making this up.
Quoting New York Times: "The vice president supports the tax increases proposed by the Biden White House, according to her campaign."
...
"That’s how much more revenue the federal government would raise if it adopted a number of tax increases that President Biden proposed in the spring. Ms. Harris’s campaign said this week that she supported those tax hikes, which were thoroughly laid out in the most recent federal budget plan prepared by the Biden administration."
...
"The tax plan would also try to tax the wealthiest Americans’ investment gains before they sell the assets or die. People with more than $100 million in wealth would have to pay at least 25 percent on a combination of their income and their unrealized capital gains — the value of the appreciation in the stocks, bonds, real estate and other assets that they own but haven’t sold. The so-called billionaires-minimum tax could create hefty tax bills for people like Elon Musk who derive much of their wealth from stock they own."
> Either way, I’m far more concerned about Trumps $4k tax on me (in addition to the tax hike he implemented on me when he was president but I’ll let that slide).
He cut taxes did not increase taxes. This just tells me you are a lying shill for the Kamala Harris campaign. Do better.