Joe Biden says "Biden’s plan would effectively double the rate by subjecting capital gains to his plan’s top marginal rate, 39.6 percent, for people with incomes of $1 million or more."

Joe Biden

Current President 2020-2024, United States

"Biden’s plan would effectively double the rate by subjecting capital gains to his plan’s top marginal rate, 39.6 percent, for people with incomes of $1 million or more."