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Harris Pushes For 28% Capital Gain Tax; Stock Recovery Loses Steam | Bloomberg The Pulse 09/05/24
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September 5, 2024
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42:10Now PlayingVice President Kamala Harris has called for a 28% capital gains tax rate on people earning $1 million or more, touting it as a measure that would ensure the wealthy paid their fair share as she sought to detail her economic agenda and draw a contrast with Republican rival Donald Trump. Meanwhile, global equities steadied after days of declines. Europe’s STOXX 600 index was little changed, with tech heavyweight ASML Holding NV and luxury stocks among the biggest losers. Mining equities declined for a fourth session after iron ore fell to the lowest since 2022.
Today's guests: Mohit Mittal, PIMCO CIO Core Strategies; Seema Shah, Principal Asset Management; Kevin Daly, Goldman Sachs
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