đš Capital Gains Tax Proposal:
- Kamala Harris has officially endorsed President Biden's 2025 capital gains tax proposal.
- đ Key Highlights:
- Long-Term Capital Gains Tax: Proposed increase to 44.6%, the highest rate since 1922.
- New Tax on Unrealized Gains: A proposed 25% tax on unrealized capital gains for wealthy individuals.
- â Question: Should this proposal be approved?
đŒ Corporate Tax Rate Proposal:
- Harris has also stated that she would raise the corporate tax rate to 28% if elected president.
- The current corporate tax rate stands at 21%.
- This would be the highest corporate tax rate in over 40 years.
