United States | News & Politics
davel
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2 weeks ago
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Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate
www.cnbc.comEconomically to the right of Genocide Joe.
Long-term capital gains, or assets held for more than one year, are currently taxed at a maximum rate of 20%.
So not nothing, but not much, assuming the change can be pushed through at all. Nothing will fundamentally change. These taxes wouldn’t even affect well-paid workers; they only kick in at $1M.
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