CNBC Pans JD Vance’s $5k Child Tax Credit; Neutral on Kamala’s $6k Credit
CNBC ran two articles looking at competing proposals to expand the federal child tax credit, calling Republican J.D. Vance’s $5,000 proposal “challenging” while not criticizing Democrat Kamala Harris’ $6,000 plan. There’s one more thing. It’s four days apart. If you squint your eyes you can see the difference in coverage. https://t.co/9WoXbhzQKc pic.twitter.com/Z2ikvwTYtd — Tim Murtaugh […]
Trump Hammers Home Plan to Eliminate Tax on Social Security Income
Former President Donald Trump reiterated his campaign promise to eliminate taxes on seniors’ Social Security income. meanwhile Busy Speaking from Wilkes-Barre, Pennsylvania, on Saturday, President Trump criticized Vice President Kamala Harris for copying his own campaign promise to repeal the tip tax. “To provide economic relief to workers and families, I will make the Trump […]
Harris’ Homebuyer Tax Credit Will Drive Up Prices
On Friday’s CNN International broadcast of “First Move,” CNN economic and political commentator The Washington Post Columnist and PBS NewsHour special correspondent Katherine Rampell said a tax credit for first-time homebuyers proposed by Vice President and 2024 Democratic presidential candidate Kamala Harris “would likely be passed on in higher prices” because of limited supply. “Unfortunately, […]
Copycat Kamala Harris Announces Same Child Tax Credit Policy as Trump Ticket
Vice President Kamala Harris supports the child tax credit, her campaign announced Friday, the same policy advocated for by the Trump-Vance campaign. This is not the first time Harris has copied one of Trump’s populist policies – she also copied his no-tax-on-tips policy, which is popular among service industry workers. “Kamala Harris copied President Trump […]
How a ‘game-changer’ child tax credit for families became a priority for Harris, Vance – Los Angeles Times
The child tax credit has quickly emerged as a key family-friendly issue and a potential bipartisan agreement point pushed by both Vice President Kamala Harris and Republican vice presidential nominee J.D. Vance in this year’s presidential election. Speaking in North Carolina on Friday, Harris said: Suggest restoration It would provide up to $3,600 in a […]
Harris calls for expanded child tax credit of up to $6,000 for families with newborns – CNBC
US Vice President Kamala Harris speaks at an event with US President Joe Biden (not pictured) in Prince George’s County, Maryland, USA, on August 15, 2024. Elisabeth Franz | Reuters Vice President Kamala Harris unveiled an economic plan Friday that includes an expanded child tax credit that would provide a total tax cut of up […]
Rep. Elissa Slotkin Receives Farm Tax Credit on Property Where No Farming Takes Place
Rep. Elissa Slotkin (D-Mich.) receives an agricultural tax exemption for land she claims as her home, even though no agricultural activity takes place there. The Democratic congresswoman and Michigan Senate candidate saves about $2,700 a year through the arrangement. New York Post Reported. Although the land is designated as “agricultural improvement land,” public records requests […]
More than 1 million North Carolinians eligible to use new free online tax filing system – WRAL News
On Friday, the U.S. Treasury Department and the Internal Revenue Service (IRS) announced that North Carolina will become the latest state to participate in IRS Direct File for the 2025 filing season. Across 12 states, 140,000 taxpayers used new free online filing tools to claim more than $90 million in refunds and save an estimated […]
Michigan Dem running for Senate enjoys full property tax exemption on ‘agricultural improvement’ land with no agriculture
A Michigan Democratic congresswoman who doesn’t own a farm or agricultural license is saving thousands of dollars in taxes each year thanks to an agricultural exemption on her property, an exclusive report has revealed. New York Post reveal. Rep. Elissa Slotkin (D-Mich.), a three-term congresswoman running for the U.S. Senate seat to replace retiring Democratic […]
US elections live: Harris to unveil plans to expand child tax credit to fight poverty and help first-time homebuyers | US elections 2024
Harris to propose tackling child poverty, helping first-time homebuyers in major policy speech Good morning to all readers of the US Politics Blog. Kamala Harris He is due to deliver a key economic speech today in the battleground state of North Carolina, where he will seek to underline his lead in the polls. Donald TrumpAccording […]