Kamala Harris's capital gains approach sparks controversy
Kamala Harris's proposed tax reforms include taxing unrealized capital gains for households worth over $100 million, which has sparked significant backlash from wealthy individuals and business leaders. Critics argue this proposal could harm the economy and small businesses, while supporters claim it aims to ensure that the ultra-rich pay a fair share of taxes. Despite these critiques, the plans might face obstacles in Congress, having previously failed to pass even when Democrats had control.