Harris campaign surrogate Ro Khanna nudges VP against backing tax on unrealized capital gains
That's no good for Ro. Progressive Rep. Ro Khanna, D-Calif., on Wednesday warned Vice President Harris that she should not pursue a tax on unrealized capital gains, despite her opposition. Signaling Support President Biden's fiscal year 2025 budget proposal would do just that. “Let's say you're an entrepreneur and you start a company and it's […]
Harris proposes lower capital gains tax increase than Biden
Vice President Harris on Wednesday signaled a policy difference with President Biden, calling for a lower capital gains tax increase than Biden had proposed. During a campaign speech in New Hampshire, Harris said she wants to raise capital gains taxes on people earning more than $1 million from the current effective rate of 23.6 percent […]
‘Not The Right Way To Do It:’ Harris Surrogate Trashes Tax Proposal She Supports On CNBC
Democratic Rep. Ro Khanna of California slammed a proposal backed by Vice President Kamala Harris to tax unrealized capital gains during an appearance on CNBC on Wednesday. Harris supports a 25% tax rate on unrealized capital gains over $100 million, which is similar to a proposal made by Biden at the White House on March […]
Harris unveils new tax proposals for small businesses
Vice President Kamala Harris on Tuesday unveiled a new tax plan for small businesses that she plans to unveil during a campaign speech in New Hampshire on Wednesday. The proposal seeks to increase the federal small business tax credit tenfold, from $5,000 to $50,000, which the campaign suggests would help alleviate the burden of the […]
Kamala Harris Proposes A Small Business Tax Break House Republicans Passed and Trump Supported Six Years Ago
Rep. Kamala Harris this week reached out to new Republican policy proposals, calling for small business tax cuts that were rejected by nearly all Democrats six years ago and supported by all House Republicans. According to a description of the proposal, Harris proposes expanding the tax credit for small business start-up expenses from $5,000 to […]
In Labor Day union rally, Harris slams Trump for overtime benefits, tax cuts
Speaking to union members in Detroit on Labor Day, Vice President Harris criticized former President Trump for blocking overtime pay and giving tax cuts to the wealthy. Tyrese West, a member of the Workers International Union of North America, Harris was introduced On Monday, several union leaders took to the stage, including United Auto Workers […]
Global tax code endangers US sovereignty, businesses
Americans are more concerned than ever about consumer prices and whether their paychecks can buy goods and services. One policy that certainly won't help would be to encourage foreign governments to impose additional taxes on U.S. companies, including on profits earned in the U.S. Global bureaucrats argue that Congress hasn't done enough to tax U.S. […]
California Dems Shoot Down ‘No Tax On Tips’ Amendment After Harris Adopts Policy
California Democrats last week rejected an amendment that would have implemented a “no tip tax” policy after Vice President Kamala Harris endorsed the idea last month. Republican Senator Rosilis Ochoa Bo Introduced An amendment to exempt service worker tips from state income tax, allowing them to take home more money, passed Thursday. All nine Republican […]
‘Tax them to death’: The price of living in Kamala’s America
Kamala Harris claims that if she becomes president, she will lower prices and make it possible for Americans to live comfortably again. But that couldn't be further from the truth. Glenn Beck I'm not going to sit back and accept the lies. “All of the progressive insanity literally comes from Kamala Harris. She was the […]
MONROE: Trump Can Secure Election With One New Kind Of Tax Break
With the two leading presidential candidates now locked in, voters have a big decision to make, but before they choose the next leader of the free world, Americans want to know what the candidates are going to do specifically to improve our struggling economy. problem Polls show that what will decide this election, especially in […]