“Kamala Harris’ “plan to tax unrecognized Capital Gains mean(s) if your house goes up in value you will have to pay that Tax Even if you don’t sell your House!”
Social media posts
in a post. Claim dated 25 Aug 2024.
PolitiFact rated thisMostly False
What PolitiFact found
Under Vice President Kamala Harris’ plan, most Americans wouldn’t have to pay a tax on the appreciated value of their unsold assets. It would apply only to people with more than $100 million in wealth.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 25 August 2024. PolitiFact (United States) looked into it and published its finding on 4 September 2024, 10 days later. Its rating was “Mostly False”.
Where the claim appeared
- Facebook posthttps://www.facebook.com/randy.knapp.16/posts/pfbid0QfCrCAVHSWZuFBk8PA36Bn442ouC1L8Kp4d3P…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.