I'm John Bachelors with my colleague Elizabeth Peek, a columnist at the Hill,

Congress at Fox News.

We're looking at the two campaigns and their economic plans for the next administration, 2025.

I mean to keep this simple, Liz, because I don't want to be accused to being a policy

walk okay?

Trump's plan is to continue his tax cuts from 2017.

Harris's plan is not to continue those tax cuts from 2017. Is that the whole of it?

Well that's certainly a good starting point.

Yeah, Trump was to extend the 2017 tax cuts and possibly even go further.

Kamala Harris was to let the tax cuts expire except, says for those which impact people making under

four hundred thousand dollars a year and so you know it's the the devils and the details for sure, but what you're talking about with

the Harris campaign is a pretty gigantic hike on corporate taxes to be sure. In fact again, Joe Biden wanted to go

beyond the prior corporate tax rate where Harris wants to land is not clear but remember the reason we cut taxes

cut the tax rate on corporations in 2017 is that our country imposed the

highest corporate tax rate of all the OECD countries.

So to be competitive, again, to allow American companies to do well,

that was thought that you had to bring the tax rate down.

That apparently is not the view of Kamla Harris. She also wants to really

height taxes and particularly capital gains taxes on high net worth individuals.

She wants to, they're talking still about taxing

unrealized capital gains, which is a ridiculous idea,

doesn't work, it's been abandoned by every country that has tried it.

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