Economy News What Is Unrealized Capital Gains Tax Unpacking ‘economy Killer’ Proposal On Ultra Wealthy
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Another State Quietly Bans Capital Gains Taxes: Will Others Follow?
A constitutional amendment blocking future taxes on realized and unrealized capital could raise interesting questions for other states. Read More
Illinois Democrats Push for New Tax on Unrealized ‘Paper Gains’ of Billionaires’ Investment Portfolios
Illinois Democrats are hoping to generate about $300 million a year with a last-minute proposal to tax the unrealized gains on investment assets — everything from stocks and bonds to art and ... Read More
Texas votes to ban unrealized capital gains tax
Texas voters have passed Proposition 2, which bans taxes on unrealized capital gains. SJR 18 prevents the Texas state legislature from imposing the tax on individuals, families, estates or trusts. Read More
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