Will The Harris Administration Raise Your Taxes? (Kamala Harris, Tim Walz, DNC)
Manage episode 437584538 series 3528145
Hey Rich Girls, Kirby here - listen, it’s no secret that when it comes to the possibility of an incoming democratic president, a lot of people have the same fear - that their taxes are going to increase astronomically. And I get it, taxes can be a huge burden to many Americans - but did you know that Kamala Harris is running on a campaign that promises the majority of Americans will not face increased taxes? Today we are going to do some digging to get to the bottom of how the majority of Americans will ACTUALLY be affected by these new promises being made by the Harris campaign.
**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**
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ARTICLES MENTIONED:
WSJ Article: https://www.wsj.com/politics/policy/kamala-harris-tax-plan-2024-election-10f95d18?mod=hp_lead_pos1
Tax Foundation: https://taxfoundation.org/data/all/federal/tax-calculator-tcja-expiration/
Distribution of Household Income: https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/
Harris Tax Promises: https://www.forbes.com/sites/robertwood/2024/08/28/kamala-harris-has-big-plans-for-your-taxes-here-is-what-you-could-pay/
Corporate Tax Cuts: https://taxfoundation.org/blog/corporate-tax-cuts-worker-wages/
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