Dive into the highlights from the DNC as we break down Vice President Kamala Harris’s taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. proposals and their potential impact on everyday families. What do higher taxes on businesses and the wealthy mean for working Americans?
Erica York, Senior Economist and Research Director, joins Kyle Hulehan to examine her VP pick, Tim Walz, and how his progressive taxA progressive tax is one where the average tax burden increases with income. High-income families pay a disproportionate share of the tax burden, while low- and middle-income taxpayers shoulder a relatively small tax burden. policies have shaped Minnesota’s economy. Plus, we’ll take a closer look at Harris’s child tax credit expansion.
Links
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- Vice President Harris’s Tax Policy Ideas: Details and Analysis See more
- Gov. Tim Walz Raised Taxes as Most Governors Cut Them See more
Note: This episode is part of an ongoing series exploring taxes and the 2024 election. See our related episodes here, here, here, here, and here.
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