BGOV OnPoint: Candidates Float Light-on-Detail Tax Ideas

Aug. 26, 2024, 9:35 AM UTC

Presidential nominees Kamala Harris (D) and Donald Trump (R) have laid out high-level tax proposals ahead of what will be a consequential year for tax policy.

Several key provisions from Republicans’ 2017 tax overhaul are set to expire after 2025, including lower individual tax rates and some tax breaks for businesses.

Download the BGOV OnPoint: Harris, Trump Tax Policy Proposals

Trump said he wants to extend those tax changes while also proposing new ideas such as eliminating taxes on tips and Social Security payments. Harris has pledged not to raise taxes on those making less than $400,000 and wants to ...

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