Harris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% rate
Harris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% rate
www.cnbc.com Harris unveils plan for 28% capital gains tax, softening Biden's proposal for 40% rate
Donald Trump and Kamala Harris are set for a Sept. 10 debate, where the economy and taxes could be a focal point.
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I think it'd be great if the tax rate on gains (when selling stock) was based on the entire value of all stocks a person has.
So if Elon sell some stock (a dollar or a billion), his gains tax rate is higher than someone selling stock whose entire stock value is less.
It'd also be nice if retirement accounts (401k, Ira) were excluded from this.
This is the right idea imo. Tax wealth, not income.
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