As far as I understood the article, it is taxing unrealised capital gains, but you have to be very rich and have a substantial portion of your wealth in unrealised capital gains. It feels targeted as people like Elon Musk.
I’d say such a tax would be illegal, and Harris is a lawyer, so she very well know that.
Here (Denmark) We actually have such a tax, but it’s voluntary, and it’s a lower rate than the normal tax.
So in short, I’m skeptical to a degree of almost certain, that Harris will not do what is stated in the headline.
As far as I understood the article, it is taxing unrealised capital gains, but you have to be very rich and have a substantial portion of your wealth in unrealised capital gains. It feels targeted as people like Elon Musk.
https://dictionary.cambridge.org/dictionary/english/tacitly
So did she or didn’t she express this opinion?
I’d say such a tax would be illegal, and Harris is a lawyer, so she very well know that.
Here (Denmark) We actually have such a tax, but it’s voluntary, and it’s a lower rate than the normal tax.
So in short, I’m skeptical to a degree of almost certain, that Harris will not do what is stated in the headline.