Kamala’s Capital Gains Tax Plan Would ‘Kill the Stock Market’
Billionaire investor Mark Cuban warned Thursday on CNBC's “Squawk Box” that Vice President Kamala Harris' capital gains tax plan would “destroy the stock market.” “What I told them was that if we taxed unrealized gains, it would crash the stock market and it would be the ultimate jobs plan for private equity because companies wouldn't […]
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 […]
Kamala Harris Fails to Erase Donald Trump’s Gains Among Black, Latino, Young Voters
Vice President Kamala Harris has been unable to regain former President Donald Trump's hold on black, Latino and younger voters. The Wall Street Journal The results of the analysis were released on Tuesday. The analysis is important because Democrats had hoped that President Joe Biden's decision to step aside for Harris would restore key voting […]
Anti-Mass Migration Parties Make Big Gains in German State Elections
Anti-mass immigration populist parties made major gains in German state elections on Sunday, with the right-wing Alternative for Germany expected to win a landslide victory in the state of Thuringia. Exit polls in the eastern German state of Thuringia showed the populist Alternative for Germany (AfD) party leading with 30.5% of the vote, beating the […]
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 […]
EUR/USD pares recent gains, poised for further downside – FXStreet
EUR/USD dipped below 1.1150 as bidders struggled to maintain balance. The breakdown in bullish market sentiment has given the US dollar some breathing room. Investors will be focused on EU and US inflation figures due to be released this weekend. EUR/USD pared recent gains and retreated to a new record high this year on Wednesday […]
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 […]
CNBC hosts clash with Harris campaign economic adviser over unrealized gains tax proposal: ‘Unconstitutional’
The hosts of CNBC's “Squawk Box” spoke with Bharat Ramamurti, an informal economic adviser to the Biden-Harris campaign. Taxing unrealized capital gains; The hosts argued that this was likely “unfair” and “unconstitutional.” Hosts Rebecca Quick and Joe Curnen questioned Rama about the proposal, with Quick saying he thought it was unreasonable because it would “advance […]