Is Kamala Harris Looking to Impose a Tax on Unrealized Cryptocurrency Gains?

Kamala Harris is rumored to propose a tax on unrealized capital gains if elected president. This plan could impact the profits of digital currency investors. But important details are left out of this general discussion; among other things, this tax will not apply to most investors. Harris’ campaign reportedly supports tax increases on the wealthy and large corporations in Joe Biden’s budget. The plan imposes a tax of at least 25 percent on total income, including unrealized capital gains, for individuals with assets exceeding $100 million.