Tax Law

Trump on Tariffs and Taxes, Harris Economic Plan

While

taxAn tax is a mandatory payment collected by local, national, and state governments from individuals and businesses to cover the cost of general government goods, services, and activities.
This episode will examine each candidate’s most recent proposals in greater detail.
was virtually non-existent in the first debate, between Vice President Kamala Harris versus former President Donald Trump. We’ll examine Kamala Harris’s updated tax plan and highlight her capital gains adjustments as well as new deductions for startup companies. We’ll also take a closer look at Trump’s plans for tax cuts and tariffs, discussing what they could mean for American families and businesses.

Erica York, Senior Economist and Research Director, joins Kyle Hulehan to discuss the debate. We’ll highlight the key issues likely to be discussed and consider the serious implications for national debt and economic growth.

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