Harris breaks from Biden on capital gains
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text Nikki Haley joins PR firm Edelman Former Republican presidential candidate Nikki Haley has joined global communications firm Edelman as vice chair of […]
Harris campaign surrogate Ro Khanna nudges VP against backing tax on unrealized capital gains
That's no good for Ro. Progressive Rep. Ro Khanna, D-Calif., on Wednesday warned Vice President Harris that she should not pursue a tax on unrealized capital gains, despite her opposition. Signaling Support President Biden's fiscal year 2025 budget proposal would do just that. “Let's say you're an entrepreneur and you start a company and it's […]
Harris proposes lower capital gains tax increase than Biden
Vice President Harris on Wednesday signaled a policy difference with President Biden, calling for a lower capital gains tax increase than Biden had proposed. During a campaign speech in New Hampshire, Harris said she wants to raise capital gains taxes on people earning more than $1 million from the current effective rate of 23.6 percent […]
Harris-Walz Capital Gains Tax Plan Is ‘Un-American’
“Shark Tank” star and investor Kevin O'Leary told Fox Business Network's “Kudlow” on Wednesday that Vice President Kamala Harris' plan for an unrealized capital gains tax is “un-American.” “This is the most disturbing tax proposal I've ever heard, why think about America – 62% of jobs are created by small businesses with five to 500 […]
Harris’s Unrealized Capital Gains Tax Proposal Is Unworkable, ‘Constitutionally Suspect,’ ‘Economically Destructive’
Democratic presidential candidate Vice President Kamala Harris' proposal to tax unrealized capital gains could be unconstitutional, unworkable and “economically destructive,” tax experts say. Breitbart News reported that Harris' tax proposal would increase taxes by $5 trillion over 10 years. BREAKING: Kamala Harris' economic adviser claims she plans to tax unrealized gains. “It won't happen in […]
Your Capital Gains Policy Likely Unconstitutional, ‘Never Going to Happen’
CNBC host Joe Curnen said that Harris-Waltz's unrealized capital gains tax policy is “probably unconstitutional” while interviewing economic adviser Bharat Rama on CNBC's “Squawk Box” on Wednesday. A partial transcript follows: CO-HOST REBECCA QUICK: Taxing unrealized gains doesn't seem fair in any sense, but in the best sense, taxing unrealized gains brings forward the tax […]
Economists slam Biden-Harris proposal to tax unrealized capital gains
The Biden administration’s proposal to tax unrealized investment gains, which the Harris campaign has voiced support for, is “insane” and “absurd,” the economist told Fox News Digital. The Biden-Harris administration’s Treasury Department released its revenue proposal for fiscal year 2025 in March. The list of tax proposals includes a plan to include unrealized investment gains […]
Indonesia’s new capital isn’t ready yet. The president is celebrating Independence Day there anyway
Indonesia marked the 79th anniversary of its independence on Saturday with a ceremony in its unfinished future capital, Nusantara, which was planned to relieve Jakarta of the burden but construction is running behind schedule. Construction cranes were visible as hundreds of government officials and guests dressed in traditional Indonesian tribal dress gathered on a grassy […]
Here’s why it’s Ethereum vs Bitcoin in the macro capital markets now – AMBCrypto News
Ethereum lags behind Bitcoin in institutional demand Ethereum holds a strong lead over Bitcoin in one key area. The spot Ethereum ETF may have brought some excitement to the market, but the enthusiasm has not been on par with that seen with Bitcoin, which is consistent with Bitcoin’s promotion by the political elite. This observation […]
Bangladesh students call for march to capital Dhaka a day after clashes kill nearly 100 people | Bangladesh
Student protesters in Bangladesh defied a nationwide curfew on Monday and called for a march to the capital, Dhaka, to pressure Prime Minister Sheikh Hasina to resign, after nearly 100 people were killed in deadly clashes in the country the previous day. The country has been engulfed in protests and violence after student groups last […]