Reported 9 months ago
In the upcoming presidential debate between President Biden and former President Trump, tax policies are expected to be a key topic of discussion. As the Trump-era tax cuts are set to expire in 2025, Tax Foundation Senior Economist Erica York highlights the importance of both candidates clarifying their plans to lower taxes for certain income levels and the long-term impact of their tariff policies on American consumers. The debate could provide insight into their policy promises and how they plan to address the challenges of tax reform and tariff implementations going forward.
Source: YAHOO