Vice President Kamala Harris, who hasn’t released a detailed economic plan, would have to thread the needle between a pair of seemingly contradictory tax pledges if she wins the election. Her campaign says she’s keeping President Joe Biden‘s promise not to raise taxes on anyone making under $400,000. However, she also appears to be keeping […]
President Donald Trump’s top economic adviser, Gary Cohn, said today that he can’t guarantee that taxes won’t go up for some middle-class families under the administration’s sweeping tax overhaul. “There’s an exception to every rule,” Cohn told ABC News chief anchor George Stephanopoulos in an interview on “Good Morning America.” “I can’t guarantee anything,” said […]
President-elect Donald Trump’s proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They’d pay more. Most married couples with three or more children would also pay higher taxes, an analysis by the nonpartisan Tax Policy Center […]
