Please ensure Javascript is enabled for purposes of website accessibility
The Inflation Tax on Capital
News
By News
Published 4 years ago on
July 20, 2021

Share

President Joe Biden is proposing to raise the top tax rate on capital gains from the current 20% to 39.6% in response to inflation.

Read More at The Wall Street Journal

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

High-Speed Rail CEO Won’t Commit to Size of Fresno Station. What’s in the Future for Rail?

DON'T MISS

Fresno County Crew Rescues Man Who Fell Into Ponding Basin Near Coalinga

DON'T MISS

Where Valley Lawmakers Stand on Punishing Seekers of Teens for Sex

DON'T MISS

Arias Criticizes Smittcamp Over Lack of Drug, Homeless Arrests

DON'T MISS

Tulare County Man Convicted of Child Molestation, Faces 16 Years in Prison

DON'T MISS

California Democrats Reject Push for Harsher Penalties for Soliciting Sex From Older Teens

DON'T MISS

Trump Turns to US Supreme Court in Bid to Strip Protected Status From Venezuelan Migrants

DON'T MISS

Fresno’s Audra McDonald Earns 11th Tony Nomination, Eyes Record Seventh Win for ‘Gypsy’

DON'T MISS

US Imposes Sanctions on Mexican Fuel Theft Network It Links to CJNG Cartel

DON'T MISS

Last Chevron-Chartered Vessel Starts to Return Oil Cargo in Venezuela, Data and Source Say

UP NEXT

Will California Meet Newsom’s 2035 EV Deadline? It Won’t Even Hit the 2026 Target 

UP NEXT

Trump Is a Revolutionary. Will He Succeed or Fail?

UP NEXT

We Need Proof of Life for the Makeup Artist Trump Sent to El Salvador

UP NEXT

As Harris Ponders Run for CA Governor, Is She Prepared for the Daunting Job?

UP NEXT

Lights, Camera, Board Vote: Fresno Unified’s Carefully Choreographed Production

UP NEXT

Given Its Failures, Can California Manage a Transition to a Carbon-Free Future?

UP NEXT

Over a Century Later, California May Need Another Revolt Against Its Utility Companies

UP NEXT

California’s Economy Was Already Sluggish Before Trump’s Global Tariffs

UP NEXT

Will Fresno Unified Sacrifice Another Generation of Students? The Choice Is Ours

UP NEXT

What if There’s No Way to Stop Trump’s Approach to Power?

Arias Criticizes Smittcamp Over Lack of Drug, Homeless Arrests

5 hours ago

Tulare County Man Convicted of Child Molestation, Faces 16 Years in Prison

7 hours ago

California Democrats Reject Push for Harsher Penalties for Soliciting Sex From Older Teens

7 hours ago

Trump Turns to US Supreme Court in Bid to Strip Protected Status From Venezuelan Migrants

8 hours ago

Fresno’s Audra McDonald Earns 11th Tony Nomination, Eyes Record Seventh Win for ‘Gypsy’

8 hours ago

US Imposes Sanctions on Mexican Fuel Theft Network It Links to CJNG Cartel

8 hours ago

Last Chevron-Chartered Vessel Starts to Return Oil Cargo in Venezuela, Data and Source Say

8 hours ago

At Least 9 Dead in Drone Strikes After US and Ukraine Sign Minerals Deal

8 hours ago

New CIA Videos Aim to Lure Chinese Officials

9 hours ago

Trump Taps Waltz for US Ambassador to the United Nations

10 hours ago

High-Speed Rail CEO Won’t Commit to Size of Fresno Station. What’s in the Future for Rail?

As part of the California High-Speed Rail Authority’s attempt to rein in a ballooning budget, its new CEO in a townhall last week walk...

5 hours ago

5 hours ago

High-Speed Rail CEO Won’t Commit to Size of Fresno Station. What’s in the Future for Rail?

A man was rescued early Thursday, May 1, 2025, after falling 60 feet into a ponding basin near Coalinga and was taken to a local hospital for evaluation. (CAL FIRE)
5 hours ago

Fresno County Crew Rescues Man Who Fell Into Ponding Basin Near Coalinga

5 hours ago

Where Valley Lawmakers Stand on Punishing Seekers of Teens for Sex

5 hours ago

Arias Criticizes Smittcamp Over Lack of Drug, Homeless Arrests

Justin Mills, 36, of Pixley, was convicted on Tuesday, April 29, 2025, of six felony counts of child molestation and faces up to 16 years in prison. (Tulare County DA)
7 hours ago

Tulare County Man Convicted of Child Molestation, Faces 16 Years in Prison

7 hours ago

California Democrats Reject Push for Harsher Penalties for Soliciting Sex From Older Teens

An aerial view shows Diover Millan of Venezuela, top left, and other detainees at the Bluebonnet Detention Facility, the facility where Venezuelans at the center of a U.S. Supreme Court ruling are held, in Anson, Texas, U.S., April 23, 2025. (REUTERS/Daniel Cole/File Photo)
8 hours ago

Trump Turns to US Supreme Court in Bid to Strip Protected Status From Venezuelan Migrants

Fresno’s Audra McDonald, already the most decorated performer in Tony history, is nominated for a record-breaking seventh award for her role in the “Gypsy” revival. (Shutterstock)
8 hours ago

Fresno’s Audra McDonald Earns 11th Tony Nomination, Eyes Record Seventh Win for ‘Gypsy’

Help continue the work that gets you the news that matters most.

Search

Send this to a friend