Reported 3 months ago
Although not a main focus at the Republican convention, the debate around 'Project 2025' by the Heritage Foundation on the sidelines could shape the GOP's tax approach, potentially affecting individual and corporate tax payments in the future. The ambitious plan includes drastic changes to the progressive income tax system, introducing ideas like universal savings accounts. While Republicans at the convention focused on shorter policy platforms, the influence of Project 2025 and potential second Trump administration on tax policies and Capitol Hill seats remains a key point of discussion.
Source: YAHOO