Tim Walz's Progressive Tax System: Implications for Kamala Harris's 2025 Tax Plans

Reported 2 months ago

Minnesota's Governor Tim Walz has implemented one of the most progressive tax systems in the U.S., focusing on providing tax relief for low-income families while increasing the tax burden on affluent individuals and corporations. As Kamala Harris has selected Walz as her running mate for the 2024 election, their alignment on tax policies could suggest a similar approach should she win the presidency in 2025. Their campaign emphasizes that current tax codes favor the wealthy, which may hint at potential tax reforms targeting high-income earners under a Harris administration.

Source: YAHOO

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