Democratic U.S. presidential candidate Kamala Harris has endorsed Biden's 2025 capital gains tax proposal, which would raise long-term capital gains tax rates to 44.6% đ
This would be the highest long-term capital gains tax rate since 1922. The plan also proposes a 25% tax on unrealized capital gains for wealthy individuals.
đ€š A rhetorical question: And if an investor has an unrealized loss, will the government compensate it in the same way it wants to take unrealized gains?Â
đ Republican nominee Donald Trump's campaign against Harris is beginning to resemble the anti-communist tactics of the Cold War