Taxing unearned capital gain

Tax policy embraced by Vice President Kamala Harris that’s meant to target the wealthy could be used to capture all investors if the NEW tax doesn't raise enough cash. Harris defenders say posts ignore the fact that the plan would only impact those whose net worth is more than $100 million, or less than 1% of taxpayers the first year. We believe Harris' unearned gains tax would target wealthy investors the 1st year but then the administration would lower the thresshold due to the tax not raising enough fund.