Mark Cuban’s remarks came days before Democratic presidential nominee Kamala Harris is set to debate Republican Donald Trump.
Billionaire investor Mark Cuban insisted that Vice President Kamala Harris would not tax unrealized capital gains as president.
Unlike current law, Biden's budget would apply an annual tax on unrealized gains — the increased values of assets that have not been sold — for the richest Americans. The plan has received pushback from Republicans and even Cuban, who says he speaks with Harris' team frequently, maintained to CNBC that she is not interested in taxing unrealized gains.Still,"I'm talking to these folks three, four times a week, having back-and-forth conversations, and their verbatim words to me is, 'That's not where we want to go.'"
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