What do the contrasting 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 of Vice President Kamala Harris and former President Donald Trump mean for Americans as the 2024 election approaches?
In this episode, we dive into the Tax Foundation’s modeling of both candidates’ plans, shedding light on how these proposals could impact Americans.
Joining Kyle Hulehan is Erica York, Senior Economist and Research Director. Together, they’ll chat about the major economic implications of each candidate’s proposals, from national debt to economic growth.
Links
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- Kamala Harris Tax Plan Ideas: Details and Analysis See more
- Donald Trump Tax Plan Ideas: Details and Analysis See more
- Tracking 2024 Presidential Tax Plans See more
- Trump’s Proposed Overtime
Tax ExemptionA tax exemption excludes certain income, revenue, or even taxpayers from tax altogether. For example, nonprofits that fulfill certain requirements are granted tax-exempt status by the Internal Revenue Service (IRS), preventing them from having to pay income tax. Would Distort Work Decisions 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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