Opinion | Kamala Harris Dons a Capital-Gains Tax Disguise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 05 2024
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Should l Buy ?
Source: WSJ
Kamala Harris's Tax Proposal: Kamala Harris is presenting herself as a supply-side tax cutter while proposing a significant increase in capital gains tax for high earners, raising it to 28% and potentially higher with additional surcharges.
Public Reception and Media Coverage: Despite the substantial tax hike, she is receiving positive feedback from wealthy donors and media outlets, who are framing her approach as moderate compared to President Biden's more aggressive tax increase proposal.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
