Former president Donald Trump’s and Vice President Kamala Harris’s tax policies are on completely different tracks. Trump has proposed about $6.5 trillion in tax cuts and would impose major tariffs on imported goods. Harris has proposed $4.2 trillion in cuts and would cut taxes for households under $400,000 and would raise taxes on corporations and the rich. WSJ’s Richard Rubin breaks down the very different tax plans from the two candidates. Chapters: 0:00 Tax policies 0:43 Trump tax cuts 3:13 Harris tax cuts 4:46 How these tax cuts would be paid for 7:08 Will the tax plans happen? News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Trump #Harris #WSJ |
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