Harris Tax Plan Hits Massachusetts with 42% Capital Gains Tax
September 18, 2024
September 18, 2024
WASHINGTON, Sept. 18 [Category: Political] -- Americans for Tax Reform issued the following news:
Kamala's 33% federal rate + Massachusetts 9% rate = 42%
Much higher than China's 20% and Europe's average of 18%
Massachusetts residents will face a top combined federal-state capital gains tax rate of 42% under the Kamala Harris tax increase plan.
33% federal + 9% state = 42%. Is that the recipe for a successful and competitive Mass . . .
Kamala's 33% federal rate + Massachusetts 9% rate = 42%
Much higher than China's 20% and Europe's average of 18%
Massachusetts residents will face a top combined federal-state capital gains tax rate of 42% under the Kamala Harris tax increase plan.
33% federal + 9% state = 42%. Is that the recipe for a successful and competitive Mass . . .