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Harris Trump Debate Did Not Cover One of the Most Important Investment Issues

Author - James Chase

2024-09-11

Well, the debate is in. But, we did not get any clarity on one of the most important issues, investment taxes, particularly the proposed tax on unrealized capital gains. One of the proposed taxe issues that has been goi g around is that if Kamala wins, there will be a tax each year on the amount of money your investments increase. This would fall in line with many European countries, but it is a brand new class if taxes for those in the United States. And it is obviously quite concerning. Many people in Europe sell their stocks at the end of the year to avoid the tax. To say it causes problems is an understatement. This is definitely something that would have been helpful to have been covered in the debate. It could have helped people in making up their minds about who to vote for.

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