Reported about 1 month ago
Vice President Kamala Harris recently announced a new plan for small businesses and proposed a capital gains tax rate of 28% for the ultra-rich, which diverges from President Biden's higher rate. This move comes after criticism from business leaders about the perceived punitive nature of the Biden-Harris capital gains approach. While maintaining support for taxing unrealized gains of billionaires, Harris emphasized the need for fairer tax policies that promote innovation and investment.
Source: YAHOO