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Tag: Capital Gains Tax

Democrats Rush to Rewrite U.S. Tax Code in Days

WASHINGTON — As they hunt for revenue to pay for their sprawling spending bill and try to unite a fractured caucus, Democrats are attempting...

Manchin Denounces Billionaires Tax as Divisive

Senate Democrats’ plan to extract hundreds of billions of dollars from the wealth of billionaires hit a major snag on Wednesday when Senator Joe...

Proposed Tax on Billionaires Raises Question: What’s Income?

ProPublica, the nonprofit news organization, obtained the tax returns of many ultra-wealthy people, and reported that, among other extraordinary examples, the Amazon founder Jeff...

House Democrats’ Plan to Tax the Rich Leaves Vast Fortunes Unscathed

The proposal includes substantial measures to raise taxes on the rich. Taxable income over $450,000 — or $400,000 for unmarried individuals — would be...

Democrats and Lobbyists Gird for Battle Over Far-Reaching Tax Increases

WASHINGTON — Congressional Democrats always knew their battle plan for raising taxes on corporations, large inheritances and the superwealthy would not survive initial contact...

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