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News Peg. Cuban, one of the 79 billionaires identified by Forbes as Harris backers, slammed the unrealized capital gains tax as an “economy killer” at a Saturday event in Phoenix. “Kamala ...
A minimum income tax that Biden calls a billionaire tax but would in reality apply to households with a net worth of $100 million or more. And a separate tax at death on gains from appreciated ...
Saylor’s MicroStrategy has topped $19.3 billion worth of unrealized gains on its Bitcoin holdings, which may be subject to federal income tax.
A billionaire minimum tax on unrealized capital gains would apply to taxpayers whose net worth is above $100 million, as proposed by the most recent Biden-Harris administration’s budget proposal.
A billionaire minimum tax on unrealized capital gains would apply to taxpayers whose net worth is above $100 million, as proposed by the most recent Biden-Harris administration’s budget proposal.
The proposal to tax unrealized gains has drawn fire from Republicans, who are criticizing presidential candidate and Vice President Kamala Harris for backing President Biden's proposed policy.
These redistributionists are acting as if unrealized capital gains are stored in vaults like gold and can be collected at Congress’s will. They don’t appreciate the ephemeral nature of stocks.
One of the proposals is a 25% minimum tax on total income, including so-called "unrealized gains," or asset growth, exceeding $100 million. This is known as the billionaire minimum tax.
Billionaire investor Mark Cuban insisted that Vice President Kamala Harris would not tax unrealized capital gains as president. Harris has already broken with President Joe Biden on tax policy by ...
Key Background. The Biden administration estimates the unrealized capital gains tax would generate about $503 billion in tax revenue from the government’s 2025 to 2034 fiscal years. Experts ...