Kamala Harris Proposes 28% Corporate Tax to Fund Key Initiatives, Partially Rolling Back Trump-Era Tax Cuts

Benzinga 2024-08-20

Views 14.9K

Vice President Kamala Harris has proposed raising the corporate tax rate to 28% as a key revenue-generating measure to fund her policy initiatives if she becomes president. Her campaign describes this as a fiscally responsible way to support middle-class economic security while ensuring that billionaires and corporations pay their fair share. The proposal, which would generate hundreds of billions of dollars over a decade, partially reverses the tax cuts enacted under former President Donald Trump. The plan aligns with President Biden's recent budget but will likely face opposition from Republicans.

Share This Video


Download

  
Report form
RELATED VIDEOS