The Deduction
The Deduction
Tax Foundation
Election Insights | Tax Hikes Are Coming, Regardless of Who’s in the White House
13 minutes Posted Oct 23, 2024 at 7:00 pm.
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Are tax increases on the horizon in 2025, no matter who takes office? In this episode, we explore why changes to the tax code could hit your wallet, regardless of which party comes out on top. Joining Kyle Hulehan is Erica York, Senior Economist and Research Director. They break down the expiration of the Tax Cuts and Jobs Act, Trump’s plans for the tax code, and Harris’s proposals to raise taxes. Links Expiring TCJA Tax Provisions in 2026 Would Produce Substantial Tax Hike across the US See ...