Biden-Harris Tax Proposal on Unrealized Capital Gains

SOURCE www.foxnews.com
CNBC hosts clash with Harris campaign adviser over Biden-Harris tax proposal that includes a tax on unrealized capital gains. Debate over fairness and constitutionality of the proposal.

Key Points

  • Debate over whether tax on unrealized capital gains is fair compared to property taxes
  • Projected increase in government revenue from proposed tax changes

Pros

  • Potential for significant increase in government revenue
  • Supports funding for services and opportunities for Americans

Cons

  • Debate over fairness and constitutionality of the proposal
  • Concerns raised about impact on individuals with significant wealth