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Calamos CEO John Koudounis: “Capital Gains Tax Fuels Economic Uncertainty”
” width=”809″>John Koudounis, the CEO of Calamos Investments, says that Present Biden’s recent announcement of a 43% capital gains tax is fueling fiscal uncertainty. Credit: Facebook/Calamos
Calamos investment’s CEO John Koudounis appeared on Fox Business with Maria Bartiromo recently discussing the drawbacks of President Biden’s announcement to hike the capital gains tax up to 43.4% from its current level of 20%.
Asked what kind of an impact that will have on the economy overall, Koudounis was blunt. “I agree with (JP Morgan CEO) Jamie Dimon that this whole fiscal policy uncertainty, which includes the potential for tax increases, and more regulations, is fueling this volatility.