A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps
Posted inBiden, Joseph R Jr Corporate Taxes Harris, Kamala D Inflation Reduction Act of 2022 Internal Revenue Service Law and Legislation Presidential Election of 2024 Tax Credits, Deductions and Exemptions Treasury Department United States Politics and Government

A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps

The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years.
Harris Economic Plan Focuses on Prices, a Key Vulnerability
Posted inHarris, Kamala D Labor and Jobs Presidential Election of 2024 Price Gouging Prices (Fares, Fees and Rates) Protectionism (Trade) Real Estate and Housing (Residential) Regulation and Deregulation of Industry Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government Wages and Salaries

Harris Economic Plan Focuses on Prices, a Key Vulnerability

Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
Tax Policy Becomes a Fault Line for Harris
Posted inBiden, Joseph R Jr Capital Gains Tax Democratic Party Harris, Kamala D High Net Worth Individuals Presidential Election of 2024 Republican Party Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) Trump, Donald J United States Economy United States Politics and Government

Tax Policy Becomes a Fault Line for Harris

The vice president is relying on tax proposals as a way to show she is different from both President Biden and her Republican rival, Donald Trump.