Reported 2 months ago
In a recent episode of Capitol Gains, experts discuss how the Biden administration's withdrawal and the rise of the Harris-Walz ticket have shifted the tax policy conversation leading into the 2024 elections. Tobin Marcus from Wolfe Research emphasizes that taxes will be a pivotal debate next year, with significant tax cuts set to expire unless addressed by Congress. While Trump aims to extend tax cuts for all, Harris is expected to align with Biden’s proposal to extend cuts only for lower-income households.
Source: YAHOO