​Harris’ Unrealized Gains Tax Would Obliterate The U.S. Economy – Tyler Durden

Harris’ Unrealized Gains Tax Would Obliterate The U.S. Economy Submitted by QTR’s Fringe Finance On Tuesday, it was announced that Presidential candidate Kamala Harris would be supporting President Joe Biden’s tax proposals for 2025, which include a 44.6% capital gains rate and a 25% tax on unrealized gains. Having used up all of the rest of the batshit, insane, counterintuitive economic dirty tricks left in the “we’ll literally do anything but cut spending” bag, the Biden administration began pushing this tax idea in April 2024 when I first wrote about it. Unrealized gains taxation could be the most destructive idea for our country since prohibition,…  — Continue at ZeroHedge News : Read More