The House Speaker said Sunday a tax on billionaires' unrealized capital gains 'doesn't produce that much money.'
Wall Street Journal.
So a company founder with $5 billion mostly in unrealized gains would be taxed more heavily than an individual who just inherited that amount and has no such gains under the tax code.in the House had hoped to increase the corporate tax rate from 21 percent to 26.5 percent, the top capital gains rate from 23.8 percent to 28.8 percent, and the top individual rate to 39.
"There's little confusion about the devastating economic impacts Democrats would bring about by ramming through their reckless taxing and spending spree: more taxes, more debt, and more painful inflation," Senate Minority Leader
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The Best Halloween Decorations and Props, According to Haunted-House ProsCotton cobwebs you may recognize from the Upside Down in Stranger Things, ghostly apparitions from a projector, giant lawn skeletons, and more
Baca lebih lajut »
‘Anvils, Mallets & Dynamite: The Unauthorized Biography of Looney Tunes’ Explores the History of the Toon HouseLifelong addiction to Looney Tunes and their imaginary characters and real creators is not required to enjoy journalist Jaime Weinman’s “Anvils, Mallets & Dynamite: The Unauthorized Biography o…
Baca lebih lajut »
White House delays release of JFK assassination filesThe White House said the national archivist needs more time for a review into redactions, which was slowed by the pandemic.
Baca lebih lajut »
House Votes To Hold Bannon In Contempt Of CongressThe House of Representatives has voted to hold former Trump adviser Steve Bannon in congressional contempt for ignoring subpoenas related to the investigation into the January 6th insurrection, with the Justice Department now having to decide on the prosecution. What do you think?
Baca lebih lajut »
White House takes unprecedented steps to allow private citizens to sponsor Afghan refugeesThe Biden administration is taking an unprecedented step to resettle the 55,600 Afghan evacuees from the US military bases where they've been living for weeks and into permanent homes, according to an official leading the effort.
Baca lebih lajut »