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Statement from President Joe Biden on July PCE Inflation Report
30 Aug 2024 15:28 GMT
Friday, August 30 — President Biden this morning issued the following statement in response to the report that the inflation rate has fallen to 2.5 percent:
Today’s report shows we are making real progress, with inflation falling to 2.5%—continuing at the …
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Facebook posts - Harris backs an unrealized capital gains tax. It won’t affect most Americans’ home sales
30 Aug 2024 22:54 GMT
… that President Joe Biden has pushed for years: a new tax on … publicly traded stock — would pay taxes on unrealized capital gains, Biden … how much they owe in taxes, according to the budget … to taxes.
Some economists said an unrealized capital gains tax would …
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Wealthy Donors Urge Harris to Abandon Controversial Capital Gains Tax Plan
30 Aug 2024 20:31 GMT
… from President Joe Biden. The plan, which imposes a 25% tax on unrealized … ” in taxes. This proposal is part of a broader tax package Harris … in order to pay the taxes due on unrealized gains. Until …
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Donors urge Kamala Harris to ditch a proposed tax on ultra-wealthy Americans
30 Aug 2024 18:21 GMT
… . Currently, the government only taxes profits from stocks — known … taxes, like everyone else.”
“They should have to pay a minimum tax … -time donors after President Joe Biden dropped out of the … prevent higher earners from avoiding taxes on their tips.
The …
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Wealthy Donors Quietly Tell Harris To Throw Capital Gains Tax Policy Overboard
30 Aug 2024 18:04 GMT
… proposal by President Joe Biden to put a 25% tax on unrealized capital … pay a “fair share” in taxes. Harris also voiced her support … for Biden’s other tax hike proposals for the 2025 … in order to pay the taxes due on unrealized gains. Until …
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Kamala Harris rattles Silicon Valley elite with prospect of tax on unrealized gains
30 Aug 2024 17:49 GMT
… the controversial tax proposal, which was also part of President Joe Biden‘s … million in wealth would pay taxes of at least 25 per … to impose such a tax.
Under current tax rules, if Jeff Bezos … US$1.5 billion in taxes for the year under the …
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Biden-Harris unrealized gains tax would not tax most Americans
30 Aug 2024 17:35 GMT
… policies recently proposed by President Joe Biden in his 2025 fiscal year … an unrealized gains tax, you would have to pay taxes on the … a tax to make it so the ultra-rich pay taxes at … pay taxes at a consistent rate.
To facilitate such a tax, people …
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Harris to propose tax credit new small businesses
30 Aug 2024 14:47 GMT
… month ago, following President Joe Biden's exit from … previously proposed expanding the Child Tax Credit — including a … and has proposed eliminating taxes on tipped wages and Social … Tax Credit. Harris has said she too would support eliminating taxes …
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Kamala Harris Wants To Tax The Ultra-Wealthy With Unrealized Gains Tax, Leaving Silicon Valley Unsettled
30 Aug 2024 12:53 GMT
… proposal, also part of President Joe Biden's 2025 federal … opposition, arguing that the tax would hinder innovation by penalizing … Horowitz, warned that the tax could render start-up companies … the ultra-wealthy avoiding income taxes.
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'Quite punitive': Harris donors reportedly balk at plan to hike taxes on wealthy Americans
30 Aug 2024 01:41 GMT
… a plan that would tax wealthy Americans and increase … taxes increase, according to The New York Times.
President Joe Biden … proposed — and Harris supported — a plan that would tax … as progressive advocates support the tax hike proposals.
" …