Floorist
The Almighty
KOMRADE KAMALA Wants to Raise Taxes by $5 Trillion
Corporate Tax Rate to 28%
Capital Gains Tax More Than Double China
"Under the Harris plan, the combined federal-state capital gains tax exceeds 50% in many states. California will face a combined federal-state rate of 59%, New Jersey 55.3%, Oregon at 54.5%, Minnesota at 54.4%, and New York state at 53.4%."
Quote:
https://www.breitbart.com/politics/2...by-5-trillion/
Corporate Tax Rate to 28%
Capital Gains Tax More Than Double China
"Under the Harris plan, the combined federal-state capital gains tax exceeds 50% in many states. California will face a combined federal-state rate of 59%, New Jersey 55.3%, Oregon at 54.5%, Minnesota at 54.4%, and New York state at 53.4%."
Quote:
Having small business owners pay taxes on their individual tax returns, up to 39.6 percent from the current 37 percent Imposing a second “death tax” — a mandatory capital gains tax at death — in addition to the current death tax Imposing a 21 percent global minimum corporate tax rate, which goes beyond the Organization for Economic Development’s (OECD) current 15 percent global minimum tax rate Quadrupling the tax on stock buybacks, which would impact Americans’ 401(k)s and other retirement accounts A 30 percent federal excise tax on electricity used in cryptocurrency mining A $37 billion tax on American energy A 32 percent increase in Medicare taxes |