By contrast, Harris's plan, which would let Trump's tax cuts expire in 2025, is based on pre-2017 tax laws. While her standard deduction would be lower at $12,700, the $6,000 in child tax credits ...

Since then, she’s had to balance between defending the Biden administration’s policies on a host of issues, including the economy and Israel’s war in Gaza, and staking out her own proposals. Harris ...

She stressed tax breaks for families, as well as middle- and lower-income people, promising to expand the child tax credit to up to $3,600 — and $6,000 for children in their first year of life.

On Aug. 21, the Harris campaign erased the mystery, stating that the candidate fully supports Biden’s comprehensive tax program as presented in the administration’s fiscal year 2025 budget ...

Whether Trump or Harris wins the presidential election, tax policy will be high on Congress’ agenda in 2025. That’s because Trump-era tax cuts, passed in 2017, are set to expire.

The Wall Street Journal first reported on the capital-gains tax plan. Currently, the rate is 23.8%, which includes a 20% flat rate plus a 3.8% on investment income. In her now six-week-old campaign ...

She stressed tax breaks for families, as well as middle- and lower-income people, promising to expand the child tax credit to up to $3,600 – and $6,000 for children in their first year of life.

WASHINGTON (Reuters) -U.S. Vice President Kamala Harris is proposing to increase the corporate tax rate to 28% from 21% if she wins a November election against Republican rival Donald Trump, her ...

In her speech, Harris offered stark contrasts with Trump's economic proposals, including his call for steep tariffs on foreign goods. She said that her opponent “wants to impose what is, in effect, a ...