Stocks tumbled last week, following the emergence of a report suggesting US President Joe Biden would set forth a new capital gains hike targeting wealthier US taxpayers. Republicans, and even some Democrats, have argued that such a move is too radical, and could have negative ramifications on the US economy.
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US Capital Gains Tax Hike to Impact the 'Top 0.3%,' of Households, Biden's Top Economic Adviser Says
US Capital Gains Tax Hike to Impact the 'Top 0.3%,' of Households, Biden's Top Economic Adviser Says
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