DiscoverThe DeductionElection Insights | How to Fix Trump’s and Harris’s Tax Plans
Election Insights | How to Fix Trump’s and Harris’s Tax Plans

Election Insights | How to Fix Trump’s and Harris’s Tax Plans

Update: 2024-10-09
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Neither presidential candidate has a perfect tax plan. But what changes could Trump and Harris make to their respective tax plans to better serve American workers and the economy? In this episode, we dissect their plans and provide practical solutions for improvement.

Joining Kyle Hulehan is Erica York, Senior Economist and Research Director. Trump could boost take-home pay by expanding the standard deduction and rethinking tariffs. Meanwhile, Harris could spark wage growth by lowering corporate taxes and broadening investment deductions, all while protecting workers.

Links: 
https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/

https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/

https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/

https://taxfoundation.org/blog/trump-overtime-tax-exemption/

https://taxfoundation.org/blog/kamala-harris-corporate-tax-rate-by-state/

https://taxfoundation.org/blog/trump-mckinley-tariffs-great-depression/

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Election Insights | How to Fix Trump’s and Harris’s Tax Plans

Election Insights | How to Fix Trump’s and Harris’s Tax Plans

Dan Carvajal