Today’s Hack
As the election season heats up, understanding the tax proposals of the presidential candidates is important. While we don’t talk politics on this show, policies can have a direct impact on our finances. In this episode, we dive into the contrasting tax proposals of Donald Trump and Kamala Harris.
Both candidates are advocating for tax reductions even as the nation grapples with significant fiscal deficits. Whether these proposals will ultimately become law remains to be seen in the coming months. In the meantime, let’s explore the key tax-related challenges that the next president will encounter and what each candidate has said so far.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:36 – Trump’s corporate taxes
4:01 – Kamala’s corporate taxes
5:51 – Trump’s individual income taxes
10:06 – Kamala’s individual income taxes
18:24 – Trump’s other tax proposals
19:46 – Kamala’s other tax proposals
21:27 – Potential long-term economic impacts
If you have any questions about what we discussed in this episode, reach out and we’ll be happy to set up a time to talk.