Learn how Kamala Harris's new capital gains tax proposal could affect your investments and small businesses. Discover the key changes, including a smaller tax hike, and what this means for the future of the economy. In today's tax news update, you’ll explore Kamala Harris’s new capital gains tax proposal and what it could mean for investors, small businesses, and the overall economy. You’ll learn why Harris’s plan introduces a smaller tax hike than Biden’s original proposal, how it could impact your investment decisions, and how it aims to boost small business growth. Topics like the capital gains tax rate, startup-expense deductions, and investment incentives will be explained in simple terms. If you're interested in how taxes affect your investments or small business, this content provides an easy-to-understand breakdown of these crucial financial changes. *SUBSCRIBE TO OUR YOUTUBE CHANNEL:* 🔔https://www.youtube.com/c/moneyinstructor?sub_confirmation=1 *ALSO WATCH* New $50,000 Proposed Tax Deduction For Your Small Business https://youtu.be/mHMN1bvQn6I How Election Results Could Impact Your Taxes: Trump vs. Harris | Social Security | Child Tax Credit https://youtu.be/qGcgftA1jIA Ending Social Security Taxes: A Boost for Your Retirement and Senior Benefits https://youtu.be/ktzV8kCfj64 Changes to the Child Tax Credit Under Kamala Harris | 2024 Update https://youtu.be/hx0aOTNiGoc Will Kamala Harris Protect Your Social Security Benefits? SSDI, SSI, VA, Seniors https://youtu.be/OoQZv8pzVOI No Taxes on Tips? Could Tips Be Tax-Free Soon? https://youtu.be/HUwziv1mJfs How Does the Fed's Interest Rate Decision Affect Your Wallet, Social Security, and Savings? https://youtu.be/cXUOJ5uIC-c No More Taxes on Social Security Benefits? Tax-Free Retirement https://youtu.be/Wvn9ZSYjBoI Stimulus Checks and Your Vote: The Hidden Politics of Benefit Increases and Financial Promises https://youtu.be/la6eIYPuAXo Social Security COLA Estimate Drop: Impact on Benefits & Retirement | June 2024 Update https://youtu.be/NT1g7cB8C84 Big Changes to Social Security Benefits: New SNAP Rules Make It Easier to Qualify for SSI https://youtu.be/DJ7GO69BpTw Visit us at MoneyInstructor.com ➡️https://www.moneyinstructor.com/ WEBSITE: https://www.moneyinstructor.com X TWITTER: https://twitter.com/moneyinstructor FACEBOOK: https://www.facebook.com/MoneyInstructor Money Instructor has been a leading resource in financial education for over two decades, empowering educators, financial advisors, students, parents, and individuals with essential topics in financial literacy. Our extensive coverage spans personal finance, money management, saving money, budgeting, investing, business fundamentals, taxes and taxation, Social Security, retirement planning, tax credits and refunds, economic stimulus checks and payments, as well as debt management—including credit card debt and interest rates. Additionally, we explore monetary policy, inflation, housing market trends, government legislation, political news, stock market dynamics, economic trends, improving credit scores, career development, housing and rent issues, and strategies for wealth building. By providing educational resources and tools, we help ensure you are well-informed and updated with the latest news and developments in these areas. ------------------------------------------------------------------------------ #capitalgainstax #harristaxplan #smallbusinessinvestment #taxpolicy2024 #TaxTips #financialeducation #financialliteracy #MoneyInstructor Information is for educational and informational purposes only and is not be interpreted as tax, financial, investing, or accounting advice. This does not represent a recommendation to buy, sell, or hold any security. Please consult your professional advisor.