Billionaire Investor Mark Cuban Says Kamala Harris Won't Tax Unrealized Gains. 'It's Not Going to Happen.'

Benzinga
Benzinga
  • last week
Billionaire investor Mark Cuban stated that Democratic presidential nominee Kamala Harris has no plans to tax unrealized gains if elected, saying, "It's not going to happen." Cuban, who regularly communicates with Harris’ team, emphasized that Harris is seeking alternative revenue sources instead. Cuban noted that while Harris’ approach stems from the Biden administration’s tax plan, she may diverge from some aspects. Harris has suggested a billionaire minimum tax and favors increasing the capital gains tax to 28%, lower than Biden the roughly 39% that Biden proposed.

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