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 […]
Belichick says Mass. tax rate makes negotiations harder
Legendary NFL head coach Bill Belichick commented that nearly every NFL player who joins the New England Patriots is subject to a “wealth tax” that significantly reduces their income. The eight-time Super Bowl-winning coach was discussing the factors that influence a notable NFL player's decision on which team to play for — specifically, Dallas Cowboys […]
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 […]
Here’s why everyone’s talking about the child tax credit – CNN
CNN — The popular child tax credit has become a key issue in this year’s presidential election, with each party vying with the other on who is best for families. Democratic presidential candidate and Vice President Kamala Harris has made an increase to the child tax credit a centerpiece of her recently released four-part policy […]
Kamala Harris Falsely Says Tariffs Are A Middle Class Sales Tax
CLAIM: Kamala Harris said Thursday that President Donald Trump’s proposal to impose a 10% tariff on imports would amount to a sales tax on Americans. In her convention speech, Harris argued that President Trump’s tariffs would amount to a “national sales tax, a Trump tax.” Verdict: False. Customs duties are paid not by consumers but […]
Hunter Biden Bid To Get Tax Case Thrown Out Rejected
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. A federal judge has rejected Hunter Biden’s attempt to have tax evasion charges dismissed. He cited President Trump’s recent decisions as the reason. UPI reported: A federal judge has rejected Hunter Biden’s latest attempt to dismiss tax […]
Connecticut Sales Tax Free Week is this week – NBC Connecticut
This week, the state is offering a sales tax holiday week from Sunday, Aug. 18 through Saturday, Aug. 24, making things a little easier for shoppers. “I’m looking forward to it. I know when it’s coming,” Farmington resident Lana Elder said. “We’re trying to save where we can, so every little bit helps,” said Melissa […]
Kamala Harris Opposed 2017 Trump Tax Cuts, Which Doubled Child Tax Credit
Vice President Kamala Harris, who voted against the Trump Tax Cuts and Jobs Act that doubled the child tax credit when she was a senator in 2017, now wants to significantly increase the credit. In 2017, Harris voted in lockstep with Senate Democrats, be against The Tax Cuts and Jobs Act doubled the child tax […]
The Solar Investment Tax Credit is safe from repeal even if Republicans win in 2024
this month, 18 House Republicans submit letter They urged House Speaker Mike Johnson (R-Louisiana) not to repeal the Inflation Control Act’s clean energy tax credit if Republicans maintain or expand their House majority in this year’s elections, stressing that “the energy tax credit has spurred innovation, encouraged investment and created good jobs in many of […]