bendog
Diamond Member
At the heart of the expiring provisions are income taxes that Republicans cut virtually across the board in 2017 for individuals and families. Other provisions facing extinction include a bigger standard deduction, a doubled Child Tax Credit and estate tax cuts for taxpayers who pass on money and property to their heirs.
While Trump wants to leave all of those cuts intact, Harris has embraced raising taxes on those making above $400,000, arguing that wealthy Americans aren’t shouldering their fair share and that the 2017 cuts overwhelmingly benefited them. She also has indicated she backs increasing taxes on capital gains, such as stock earnings, for high-earners and tightening rules for estate taxes.
Is the Old Weird Guy really gonna try to defend tax cuts IN A DEBATE for the over $400K crowd?
While Trump wants to leave all of those cuts intact, Harris has embraced raising taxes on those making above $400,000, arguing that wealthy Americans aren’t shouldering their fair share and that the 2017 cuts overwhelmingly benefited them. She also has indicated she backs increasing taxes on capital gains, such as stock earnings, for high-earners and tightening rules for estate taxes.
Is the Old Weird Guy really gonna try to defend tax cuts IN A DEBATE for the over $400K crowd?