26 Aug 2024 11:26 am
Mrkelly » 25 Aug 2024, 9:42 am » wrote: ↑ One issue in this plan has captured specific attention: a new tax on unrealized capital gains. Biden, and now Harris, have proposed levying an annual tax on the static wealth of households worth more than $100 million. Specifically, households worth more than $100 million would pay an annual minimum tax worth 25% of their combined income and unrealized capital gains.
https://smartasset.com/taxes/unrealized ... tax-policy
Oprah ain't gonna like this!