Are 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. increases on the horizon in 2025, no matter who takes office? In this episode, we explore why changes to the tax code could hit your wallet, regardless of which party comes out on top.
Joining Kyle Hulehan is Erica York, Senior Economist and Research Director. They break down the expiration of the Tax Cuts and Jobs Act, Trump’s plans for the tax code, and Harris’s proposals to raise taxes.
Links
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- Expiring TCJA Tax Provisions in 2026 Would Produce Substantial Tax Hike across the US See more
- Tax Calculator: How the TCJA’s Expiration Will Affect You See more
- Why Are the Individual Tax Cuts Expiring? See more
- Tracking 2024 Presidential Tax Plans See more
- Harris Tax Plan Ideas: Details and Analysis See more
- Trump Tax Plan Ideas: Details and Analysis See more
- Options for Navigating the 2025 Tax Cuts and Jobs Act Expirations See more
Note: This episode is part of an ongoing series exploring taxes and the 2024 election. See our related episodes here, here, here, and here.
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