Containing the ‘blast radius’
Submitted by jerrywilsone268 | June 21, 2024, 06:03:27 | Blog
Biden and other Democrats have proposed new taxes on the wealthy to fund their spending plans, many of which are aimed at helping lower-income and middle-class Americans. Some proposals seek to tax annual increases in the value of unsold assets, also known as unrealized capital gains. Currently, this growth is typically only taxed at time of sale.
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