Revisiting Vice President Harris’s Tax Ideas
Will past tax proposals be prologue? TPC’s Nikhita Airi and Margot Crandall-Hollick review the legislative proposals of Vice President Kamala Harris, both as a US Senator and 2020 presidential primary candidate. Should Harris ascend to the top of the Democratic ticket this year, her record provides clues about how she might navigate tax issues in 2025 and beyond.
A “revolving door” briefing from TIGTA. Sen. Elizabeth Warren (D-MA), a member of the Senate Finance Committee, will receive a briefing by the Treasury Inspector General for Tax Administration (TIGTA), reports TaxNotes (paywall). The talk will center on TIGTA’s report about possible conflicts of interest in the tax policymaking process, which finds there are too many steps and offices involved in policymaking for any one person to steer the decision-making process. Warren and Rep. Pramila Jayapal (D-WA) have criticized the report.
House Ways & Means Chair Smith again questions donations to the US Chamber of Commerce Foundation. Rep. Jason Smith (R-MO) wrote the US Chamber of Commerce Foundation asking for more information on its donation acceptance policies. The panel chair has expressed concern about donations from the Tides Foundation, reports TaxNotes (paywall), first writing the foundation on May 6.
In Maryland, a proposal to give tax breaks to kidney donors. The End Kidney Deaths Act would establish a 10-year pilot program to give a refundable tax credit of $10,000 each year for five years to living kidney donors who donate a kidney to a stranger.
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