A potential Trump nominee for U.S. Treasury secretary, who also happens to be a billionaire hedge fund manager, has explained how Vice President Kamala Harris’ tax plan could send markets into a quick plunge. "In the early parts of her campaign, she was supportive of the tax on unrealized gain. And if that was implemented, I think it would be devastating for the markets and cause a market crash," Paulson & Co.
But if Harris were to win the 2024 presidential election, Paulson expressed fears over the macroeconomic implications of her tax policies, which include a 25% "minimum" tax on wealthy households and increasing taxes on capital gains and dividends for households making more than $1 million from 20% to 28%.
Business’ Eric Revell contributed to this report.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Bron: ABC - 🏆 471. / 51 Lees verder »
Bron: ABC7 - 🏆 67. / 68 Lees verder »