Ted Cruz @tedcruz
Uniquely foolish. This will kill thousands of jobs AND reduce federal tax revenue. Less investment 🔜 less jobs. Since people can choose whether and when to realize capital gains, there’s a consistent pattern: the higher you raise the rate, the less tax revenue is generated. — PolitiTweet.org
Tax Foundation @TaxFoundation
Under President Biden's tax plan, 13 states and D.C. would have a top combined capital gains tax rate at or above 5… https://t.co/O7dXb7AFKh