The number of people who are causing us trouble in America is increasing. My God, I am going crazy. One goes and another comes. They are really doing this on purpose, I understand that now. What do they want from this market? Here are the details;
Rumors are circulating online that Kamala Harris could impose an unrealized capital gains tax if she is elected president, which could affect the profits of crypto investors. However, important details suggest that the tax will not affect the majority of investors.
Kamala Harris’ campaign has pledged to support tax increases on high-income earners and corporations, as outlined in President Joe Biden’s 2025 budget proposal. This proposal generally includes a minimum tax of 25% on total income, which includes unrealized capital gains.
The Democratic Party’s 2024 platform also supports a 25% income tax rate for billionaires and an end to preferential treatment for capital gains for millionaires. Specifically, the unrealized gains tax would only apply to Americans whose total income or net worth exceeds $100 million.
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