6min chapter

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The Harris Economy, DNC Night 3 and Peloton’s Pickup 08/22/24

Squawk Pod

CHAPTER

Capital Gains and Wealth Taxation Reform

This chapter examines Vice President Harris's proposal to double the capital gains tax and introduce taxation on unrealized gains for the wealthy. It discusses the complexities of taxing various loan types and the implications for economic inequality, highlighting the need for reform in how wealth is managed and taxed.

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