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Summary

Biden-Harris Capital Gain Tax Plan

This is a news story, published by Yahoo Finance, that relates primarily to John Avlon news.

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unrealized capital gains
MarketWatch

MarketWatch

•

Kamala Harris’s critics are totally wrong about taxing unrealized gains

MarketWatch
Summary
Nutrition label

60% Informative

Biden-Harris plan to tax unrealized capital gains is nonsense, says John Avlon .

Avlon: Almost every single thing I’m hearing against the proposal is wrong and an insult to our intelligence.

He says it would only apply to the tiny number of people who have a net worth of over $100 million .

He argues that taxing unrealized gains is somehow unfair because the investment hasn’t been sold yet.

Hedge-fund and private-equity managers benefit from the so-called carried-interest loophole.

This is a special tax break, just for them, that’s so outrageous that nonexperts refuse to believe it when you tell them about it.

As Warren Buffett has pointed out, these funds generate worse returns for investors than low-cost index funds.

VR Score

54

Informative language

47

Neutral language

8

Article tone

informal

Language

English

Language complexity

31

Offensive language

offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

detected

Time-value

short-lived

External references

18

https://www.marketwatch.com/story/stocks-and-bonds-are-sending-conflicting-messages-about-where-economy-is-heading-next-d6bbd199?siteid=yhoof6https://www.marketwatch.com/story/we-shared-all-our-assets-prior-to-our-marriage-my-husband-inherited-his-parents-home-and-didnt-put-my-name-on-the-deed-what-can-i-do-fe910e11?siteid=yhoof6https://www.marketwatch.com/story/i-dont-deserve-this-my-abusive-son-only-calls-when-he-wants-money-how-do-i-put-an-end-to-his-bullying-and-mooching-8f82a81a?siteid=yhoof6https://www.marketwatch.com/story/tim-walz-took-an-early-withdrawal-from-his-retirement-account-is-it-ever-ok-to-dip-into-your-401-k-b04387de?siteid=yhoof6https://www.marketwatch.com/story/im-a-veteran-with-245-000-in-student-loans-that-give-me-28-000-in-annual-refunds-is-it-immoral-to-use-my-disability-benefits-to-discharge-my-debt-23009e62?siteid=yhoof6https://www.marketwatch.com/story/i-have-a-dirty-secret-when-i-fly-i-erase-basic-economy-on-my-ticket-to-skip-the-line-when-boarding-my-friend-says-its-cheating-whos-right-72f9e0ac?siteid=yhoof6https://www.marketwatch.com/story/kamala-harris-backs-bidens-tax-proposals-including-a-tax-on-unrealized-capital-gains-66c55df2?mod=article_inlinehttps://www.marketwatch.com/story/the-magnificent-seven-arent-dominating-the-stock-market-anymore-1a70c380?siteid=yhoof6https://www.marketwatch.com/story/he-called-me-a-liar-i-will-inherit-a-650-000-house-from-my-grandparents-but-my-husband-says-ill-never-have-any-money-when-im-older-is-he-right-7bf1a37e?siteid=yhoof6https://www.pgpf.org/blog/2023/05/what-is-the-carried-interest-loophole-and-why-is-it-so-difficult-to-close-ithttps://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asphttps://www.marketwatch.com/story/new-samsung-ev-battery-technology-has-captivated-silver-bulls-heres-the-argument-a7db1a66?siteid=yhoof6https://www.marketwatch.com/story/heres-the-case-for-amazon-as-a-value-stock-to-buy-now-5e35ba7c?siteid=yhoof6https://www.youtube.com/watch?v=vxnpY0owPkAhttps://www.marketwatch.com/story/etfs-try-to-duplicate-hedge-funds-performance?mod=article_inlinehttps://www.aier.org/article/unrealized-gains-tax-is-an-economic-fallacy/https://ourfinancialsecurity.org/2021/10/close-the-carried-interest-loophole-that-is-a-tax-dodge-for-super-rich-private-equity-executives/https://en.wikipedia.org/wiki/The_Internationale

Source diversity

7

www.marketwatch.comwww.pgpf.orgwww.investopedia.comwww.youtube.comwww.aier.orgourfinancialsecurity.orgen.wikipedia.org

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