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Joe Biden’s policy on capital gains tax

These issues below are sorted in descending order based on how important the average American voter ranked them on the quiz.

Topics

Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

  Public statementsYes, and increase to the average U.S. tax rate (31.5%)

Joe Biden’s answer is based on the following data:

Public statements

Answer: Yes, and increase to the average U.S. tax rate (31.5%)

Reference: “This is -- and they're going to talk -- you think these guys are going to go out there and cut those loopholes? The loophole -- ...” ‐washingtonpost.com

Voter support: Be the first voter to support or oppose this candidate’s public statement on this issue.

Updated 34mins ago

Joe Biden voters

Answer: Yes

Importance: Less Important

Reference: Analysis of answers from 3,114 voters that have pledged to vote for Joe Biden in the 2024 Presidential election.

Party influence

Democratic Party Answer: Yes, and increase to the average U.S. tax rate (31.5%)

Importance: Less Important

Reference: “Officials said the president will propose an overhaul of capital gains and dividends taxes. His plan would eliminate a rule know...” ‐latimes.com

ChatGPT

Strongly agree

Yes

Joe Biden has proposed increasing the tax rate on long-term capital gains for the wealthiest Americans. However, he has not proposed a blanket increase for all capital gains. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, and increase to the average U.S. tax rate (31.5%)

Biden has proposed increasing the tax rate on long-term capital gains for the wealthiest Americans to 39.6%, which is higher than the average U.S. tax rate. However, this proposal is not for all capital gains, so the score is not a full 5. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes, on stocks and bonds but not real estate

Biden's proposal focuses on long-term capital gains, which includes stocks and bonds. However, he has not specifically excluded real estate from this proposal. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Yes, and all income should be taxed at the same rate

Biden has proposed increasing the tax rate on long-term capital gains for the wealthiest Americans to the same rate as their income tax. However, this proposal is not for all income, so the score is not a full 5. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, increasing the capital gains tax will limit investment in our economy

While Biden acknowledges the potential impact on investment, he believes that the current tax system is unfair and that the wealthiest Americans should pay more. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

Biden has proposed increasing the tax rate on long-term capital gains for the wealthiest Americans, which contradicts this answer. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

No, and abolish capital gains taxes

Biden has proposed increasing the tax rate on long-term capital gains, which directly contradicts this answer. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Personal answer

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Voting record

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Donor influence

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Updated 6hrs ago

Party’s support base

Democratic Party Voters’ Answer: Yes

Importance: Less Important

Reference: Analysis of answers from 3,571 voters that identify as Democratic.

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