Kamala Harris Supports Controversial Wealth Tax Proposal

K Harris has just signed on to one of Joe Biden's big tax proposal policies and it's related to basically wealth taxes so the department of the treasury releases released this big report and it's trying to get a 25% minimum tax on income for everybody making over a specific amount of money and so this so this tax is an they they want to change the capital gains tax so that it affects unrealized gains for people who make over $100 million or have over $100 million in assets okay so if you have over $100 million in assets the treasury Department is proposing that they tax the unrealized capital gains of your Investments that goes into Holdings that you have for a company or uh Assets in the stock market or Assets in your paintings whatever it is assets you own