Joe Biden and Kamala Harris
President Biden points to Vice President Kamala Harris in the overflow room at Prince George’s Community College in Largo, Maryland, on Aug. 15. (Brendan Smialowski/AFP via Getty Images)
In his fiscal 2025 budget, Biden had proposed raising the tax rate on long-term capital gains — the profits made from selling or trading an asset held for more than a year — to 39.6% for those earning over $1 million annually, from the current rates, which range up to 20%, depending on income.
CONTINUE READING ON THE NEXT PAGE
Boil the Cloves, Drink the Liquid, and You Will Be Grateful for This Advice
BAKED CHICKEN TACOS RECIPE
Watermelon Ice Cream in 5 Minutes! Easy and Healthy Dessert
This ingredient is capable of making the orchid grow and bloom endlessly
Soothing Elixir for Coughs and Congestion
A Natural Solution for Ear Pain: The Magic of Garlic
Simple Delights: Spinach and Green Onion Pan Flatbread
Leave the venerable game show
Worker told to take patient to room, only for gripping camera footage to cause a stir afterwards
