Trump ‘Thinking About’ Ending Capital Gains Tax on Home Sales
President Donald Trump this week floated the prospect of ending capital gains tax on home sales, he told reporters on Tuesday.
capital gains tax
Dem Gov. Murphy: ‘Not Wild About’ Taxing Unrealized Capital Gains, But I’m ‘Wild About’ Democracy, Bipartisanship
On Wednesday’s broadcast of CNBC’s “Squawk Box,” New Jersey Gov. Phil Murphy (D) said he’s “not wild about” taxing unrealized capital gains, but “I’m wild about a democracy that works. I’m wild about the rich history of our country continuing
Harris Spox on Claim Capital Gains Tax Hike Will Hurt Investment: It’s Less of a Hike than Biden, Will Help Investment
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
Capital Flight: Record Number of Millionaires Set to Flee Britain Amid Looming Labour Tax Raids
Nearly ten thousand millionaires are predicted to flee the jurisdiction of the United Kingdom this year amid expected tax raids from the left-wing Labour Party government of Sir Keir Starmer.
Harris Spox: She Supports Increasing Capital Gains Tax by Less than Biden ‘To Better Incentivize’ Investment
On Thursday’s broadcast of “CNN This Morning,” Harris-Walz Campaign Senior National Spokesman Ian Sams stated that 2024 Democratic presidential candidate Vice President Kamala Harris supports a smaller increase in the capital gains tax rate than President Joe Biden “to better incentivize
CNN’s, WaPo’s Rampell: Harris’ Unrealized Capital Gains Tax Plan Is ‘Administratively Unworkable’
On Wednesday’s broadcast of CNN’s “Laura Coates Live,” CNN Economics and Political Commentator, Washington Post columnist, and “PBS NewsHour” Special Correspondent Catherine Rampell stated that while there are abuses and unfairness within the capital gains tax system, the proposal from 2024
Tax Experts: Harris’s Unrealized Capital Gains Tax Proposal Is Unworkable, ‘Constitutionally Suspect,’ ‘Economically Destructive’
Kamala Harris’s proposal to tax unrealized capital gains is unconstitutional, unworkable, and “economically destructive,” per tax experts.
The Virtues of Red States: Jeff Bezos Saves $1 Billion in Taxes by Moving to Florida
Amazon founder Jeff Bezos’ recent relocation to Miami, Florida, saved him close to $1 billion in taxes on his latest stock sales after he fled Washington State, which has a state capital gains tax.
Breitbart Business Digest: Biden’s Okay Boomer Wealth Tax
President Biden’s tax proposal would tax the gains now, leaving fewer gains to be taxed in the future.
Biden Administration Proposes Taxing Billionaires’ ‘Theoretical Income’ to Pay for Spending Bill
Yellen proposed taxing billionaires’ unrealized capital gains to fund President Joe Biden’s $2 trillion spending bill.
Poll: Majority of Arizonans Oppose Joe Biden’s Tax Plan
The Coalition to Protect American Workers released a poll Friday that found a majority of Arizonans oppose President Joe Biden’s tax plan.
Report: Biden Plans Retroactive Capital Gains Tax Hike
President Biden’s blockbuster $6 trillion budget assumes that his proposed capital-gains tax hike took effect in April, according to the Wall Street Journal.
Carney: Biden Pushes Grim Reaper Tax Hike with Dark Car Crash Fatality Fable
Biden says people killed in a car crash shouldn’t be able to pass on stock to kids tax-free.
Joe Biden’s ‘Tax System Will Punish’ Small Business Employees and Hurt Startups
Prominent Silicon Valley billionaire and investor David Stewart tweeted President Joe Biden’s capital gain tax, proposed to be raised about 20 percent, would make it harder for startups to recruit employees because “the tax system will punish their employees.”
Stakeholders: Biden Declares War on Small Businesses in First 100 Days: Success Tax, Worker Shortage
Business owners said President Biden’s first 100 days in office represents a “war on small business” with higher taxes and worker shortages.
Joe Biden Announces $1.8 Trillion ‘Human Infrastructure’ Proposal to Congress Partly Financed by Expanding Death Tax
President Joe Biden spoke to a joint session of Congress Wednesday to propose a $1.8 trillion “human infrastructure” proposal that comes with a myriad of tax increases, including expanding the death tax.
GOP Rep. Brady: Republicans Will Fight Biden Tax Hikes ‘Tooth and Nail’
During a Monday appearance on Fox Business Network’s “Mornings with Maria,” Rep. Kevin Brady (R-TX) addressed President Joe Biden’s plan to raise the capital gains tax by almost more than double its current rate of 20%.
Stocks Sink on Report That Biden Plans Massive Capital Gains Tax Hike
Stocks fell on the news that Biden plans to nearly double the tax on capital gains for wealthier Americans.
Nancy Pelosi Suggests Corporate and Capital Gains Tax Hikes to Pay for Infrastructure
Rep. Nancy Pelosi (D-CA) suggested Tuesday some possible ways President Joe Biden’s infrastructure package could be bankrolled.
Trump: ‘I’m Going to Do a Capital Gains Tax Cut to 15%’ in My Second Term
On Thursday’s broadcast of the Fox Business Network’s “Mornings with Maria,” President Donald Trump vowed that he will cut the capital gains tax rate down to 15% in his second term. Trump said, “Well, I’ve done the payroll tax cut
Exclusive — Mike Pence: Phase Four Coronavirus Bill Should Have ‘Legal Shield’ from Trial Lawyers, Payroll Tax Cut, Economic Boosters
Vice President Mike Pence told Breitbart News he believes any fourth phase coronavirus relief package from Congress must focus on directly supporting American families and workers.
‘Moderate’ Democratic Candidates Support Drastic Tax Increases
Even the “moderate” candidates at the Democrat debate supported radical policies — such as extreme tax hikes, for example.
Exclusive — Joe Lieberman: ‘Far Left’ Will Make Democrats a ‘Losing Party’
Joe Lieberman warned that Democrats moving to the “far left” will make them a “losing party” in 2020’s presidential election.
Steve Mnuchin Says Hedge Fund Tax Loophole Ending
Hedge fund managers will lose the advantage of paying the lower capital gains tax rate on their income, Treasury Secretary Steve Mnuchin said Tuesday.
Fact-Check: Yes, Hillary Clinton Wants to Double Capital Gains Taxes
During the third presidential debate, Donald Trump said that Hillary Clinton’s plan would “more than double” capital gains taxes.
Dr. Herbert London: ‘Trump Is Right to Talk About the Forgotten American’ in His ‘Sensible, Pro-Growth’ Economic Plan
Dr. Herbert London of the London Center for Policy Research appeared on Tuesday’s Breitbart News Daily to discuss Donald Trump’s economic policy speech with SiriusXM host Stephen K. Bannon, beginning with the free trade issue.
California Shock: Gov. Jerry Brown Opposes Union Ballot Initiatives
Governor Jerry Brown shocked Sacramento on January 8 when he announced his opposition to two November union-backed ballot initiatives that would sell a $9 billion school construction bond and extend Proposition 30 tax surcharges on the wealthy.
Mark Levin Gives Thumbs-Up on Donald Trump Tax Proposal: ‘A Hell of a Plan!’
“This is a hell of a plan,” conservative radio host Mark Levin said Monday night about Donald Trump’s tax proposal, while admitting he disagrees with the GOP candidate in several areas.
Stock Crash Would Create Budget Crisis for California
With the “one percent” paying more than 50 percent of state taxes, a sustained stock market crash would shrivel California’s “one-time” capital gains taxes and throw the Golden State back into a financial crisis.
Jerry Brown to Spend Surplus Funds on Schools
Gov. Jerry Brown will release his updated budget on Thursday, and in light of the Golden State’s $3 billion-plus surplus, Brown is expected to suggest an increase in spending on public schools and community colleges . He is also expected to ask that more funds be set aside for the state’s savings or “rainy day” fund.
