Harris Spox on Claim Capital Gains Tax Hike Will Hurt Investment: It’s Less of a Hike than Biden, Will Help Investment

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

On Friday’s broadcast of the Fox News Channel’s “Your World,” Harris-Walz Campaign Senior National Spokesman Ian Sams argued that 2024 Democratic presidential candidate Vice President Kamala Harris has proposed increasing capital gains taxes so there’s “an incentive so that people can continue to invest in the entrepreneurship that makes this country great.

He added, “e are actually implanting a system that does…ensure tax fairness, while, also, like I said on capital gains, having an incentive so that people can continue to invest in the entrepreneurship that makes this country great. And so, she is going to continue talking about that.” Sams responded, “Here I am, Neil, on Fox News, I thought maybe people would say, well, President Biden proposed going all the way up to 40% and she’s proposing going to 28%. I think that, again, we have to understand that this is someone who sees that we can do both, we can both have tax fairness, and we can use the tax code to incentivize the kind of investment that really does help the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Election 2024 live updates: Biden touts U.S. manufacturing investment after he rallies with Harris in PittsburghPresident Biden and Vice President Harris held a campaign event together on Labor Day to highlight their administration's work to support unions and how Harris will continue to back them if she is elected.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Harris calls for higher taxes on investment income — but less than Biden wantedKamala Harris calls for breaks for small business startups
Source: nypost - 🏆 91. / 67 Read more »

Here's what Harris' plan to tax unrealized investment gains means for the wealthiest AmericansVice President Harris has endorsed President Biden’s plan to tax unrealized gains on wealth exceeding $100 million, also known as the billionaire minimum…
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »