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The U.S. presidential election is right around the corner and as a result, millions of Americans want to understand what the key policies are for each candidate. Tax policies can have a significant impact on whether or not voters decide to vote for a specific candidate when they head to the polls.
In this video, tax expert Karlton Dennis analyzes the tax proposals that Kamala Harris has expressed during her candidacy for U.S. president. The proposals that he examines include Kamala Harris’s tax proposals for unrealized capital gains, corporate tax rates, taxes for tipped workers, and more.
Karlton has already published several videos in which he analyzes some of former President Donald Trump’s key tax proposals. He created this video to make sure that his viewers are able to have an understanding of the tax plans from both presidential candidates. So, if you have been wondering “what is Kamala Harris’s tax plan,” this is the video for you.
CHAPTERS:
0:00 Intro
0:22 Kamala Harris's Tax Plan Explained
1:11 Proposal 1: Taxing Unrealized Capital Gains
2:42 Why Taxes on Unrealized Capital Gains Concern Me
5:19 Proposal 2: Raising the Corporate Tax Rate
6:36 Proposal 3: No Taxes on Tips
7:20 Proposal 4: Raising Capital Gains Taxes
8:15 Proposal 5: Expansion of the Startup Expenses Deduction
9:02 The Bottom Line for Kamala Harris’s Tax Plan
9:42 Question from a Subscriber!
10:39 Outro
*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
#kamalaharris #uselection #taxplanning
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