PODCAST

The Biden Tax Plan: Increasing the Capital Gains Tax Rate (Part One)

KPMG Catching Up on Capitol Hill Podcast Episode 13-2020 | Part One of Two | Analyzes the proposal to tax capital gains and dividends at the same rate as ordinary income for certain taxpayers.

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John P. Gimigliano

Principal, Washington National Tax, KPMG US

+1 202-533-4022

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Jennifer Gray

Director, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-3489

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Thomas Stout

Director, Federal Legislative & Regulatory Services, KPMG US

+1 202-533-4148

Podcast overview

John Gimigliano, Jennifer Gray, and Tom Stout from the KPMG Federal Legislative & Regulatory Services group analyze Biden's proposal to increase the capital gains rate to 39.6% for wealthy individuals, including the arguments both for and against taxing ordinary income and capital gains and dividends at the same rate.

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