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WSJ Your Money Briefing

Your Money, Your Vote: What Trump’s and Harris’s Tax Plans Could Mean for You

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 22 September 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

In the second episode of our series “Your Money, Your Vote,” we break down the tax plans of Vice President Kamala Harris and former President Donald Trump. Host J.R. Whalen is joined by WSJ tax reporters Rich Rubin and Laura Saunders to discuss which tax cuts might be extended, how the candidates’ proposed policies could affect your finances and the role of a potentially divided Congress in advancing those plans. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:27.8

here's your money briefing for Sunday, September 22nd. I'm J. R. Wayland for the Wall Street Journal.

0:38.0

This is the second installment of our special series, Your Money, Your Vote. Today we're focusing on where the 2024 presidential

0:45.7

candidates stand on taxes. For most people, taxes are only ever on their

0:50.8

radar in the months leading up to the filing deadline each

0:53.3

April and every four years right around now when promises about tax cuts come up

0:58.8

around election time. Vice President and Democratic presidential nominee Kamala Harris,

1:04.0

and former President and Republican nominee Donald Trump

1:07.0

have talked about taxes throughout their campaigns.

1:10.0

Under my plan, more than 100 million Americans will get a tax cut.

1:15.0

I am promising low taxes.

1:18.0

And at the presidential debate hosted by ABC.

1:22.0

I intend on extending a tax cut for those families of $6,000, which is the largest child tax credit that we have given in a long time.

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