Kamala Will Hit California with 46.3% Capital Gains Tax
September 12, 2024
September 12, 2024
WASHINGTON, Sept. 12 [Category: Political] -- Americans for Tax Reform issued the following news:
Kamala's 33% federal rate + California's 13.3% rate = 46.3%.
Much higher than China's 20% and Europe's average of 18%
Californians will face a top combined federal-state capital gains tax rate of 46.3% under the Kamala Harris tax increase plan. 33% federal + 13.3% state = 46.3%.
Harris recently vowed to raise the top federal cap . . .
Kamala's 33% federal rate + California's 13.3% rate = 46.3%.
Much higher than China's 20% and Europe's average of 18%
Californians will face a top combined federal-state capital gains tax rate of 46.3% under the Kamala Harris tax increase plan. 33% federal + 13.3% state = 46.3%.
Harris recently vowed to raise the top federal cap . . .