{"id":"tp-11628","type":"article-newspaper","title":"Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11628","datePublished":"2024-04-25T09:27:57.000Z","dateModified":"2024-04-25T09:27:57.000Z","language":"en","abstract":"President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income inequa…","section":"Business","references":[{"title":"Forbes","url":"https://www.forbes.com/newsletters/andrewleahey/2024/04/24/biden-capital-gains-rate-proposal-446/?sh=36de04301ff6"},{"title":"reported","url":"https://coingape.com/president-joe-biden-proposes-historic-44-6-capital-gains-tax/?fbclid=IwZXh0bgNhZW0CMTAAAR187OPzICBAv98nIarPwEkDY-C-bGP7UyMoHkjDNEhNlZtb_nweFmaRUBI_aem_AR21kIIYe78wuFUVpq9n3K2cVFTCzoK6l15Mvm93sZA1-7FLa57nU42jfBXMUvGyDpJQqBQq2nXuGi9UWeb8LUZ7"},{"title":"crypto tax reporting","url":"https://coingape.com/crypto-transactions-over-10000-face-stricter-irs-scrutiny-under-new-us-rules/"},{"title":"Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0, via Wikimedia Commons","url":"https://commons.wikimedia.org/wiki/File:Joe_Biden_(48548455397).jpg"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}