Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

6 Kamala Harris Tax Reforms We Avoided by Choosing Trump

July 26, 2024 · Personal Finance
working in retirement
Image By Anderson Piza From Shutterstock

The child tax credit

The Biden administration has been focused on the child tax credit, with an expansion passed in the House in February. This could’ve been another Kamala Harris tax reform on high priority if she wins the election.

Kamala stated at a political event in North Carolina before Biden left the race that, “Whereas the last administration gave tax cuts to billionaires, we gave tax cuts to families through the child tax credit, which cut child poverty in America by half.”

The American Rescue Plan increased the maximum tax break to $3,000 or $3,600 for every child, up from $2,000, and sent payments to families each month.

As a result, the child poverty rate dropped to a historic low of 5.2% in 2021, mainly due to the expansion, an analysis found. Sadly, after pandemic relief ended, childhood poverty more than doubled in 2022, leaping to 12.4%, according to the US Census Bureau.

Pages: 1 2 3 4 5 6

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

117 comments on “6 Kamala Harris Tax Reforms We Avoided by Choosing Trump”

  1. james says:
    October 1, 2024 at 4:45 pm

    Where can I get som of this fertilizer for my lawn? Perfect for the fall growing season.

    Reply
  2. Drew says:
    September 30, 2024 at 10:52 pm

    If ur truly believe this from the Commie two faced liar then u are as dumb as she is. She going to raise taxes on everyone including Corporations which in turn will pass along higher prices to consumers. They not going to lose money. She also tax the hell out of ur 401k u been saving for years to retire. Oh and her 25k to buy a first or a house program she suggests will not apply to 90% of Americans w that little loophole fine print unless u are an illegal. U will get it
    Vote Trump & send this craphile back to wherever

    Reply
  3. Stephen says:
    September 5, 2024 at 5:33 pm

    Simple flat income tax rate across the board takes all the loop holes and “make taxes fair” which should be the only position anyone should take. Does kamala disavow her father’s Marxist beliefs,unlikely. America is not and should never become a Marxist nation. Want to see unfair look at Marxist and communist countries at the lower income levels. There is no true middleclass in socualist communist or Marxist countries and kamala beliefs will do nothing but bankrupt the country. Why are people so happy thinking about going after the large companies and corporations being taxed more than everyone. And this offshore residents tax is a learned behavior this woman learned in California they are coming after residents that left California for more taxes because we moved. Everyone has an opinion and this is mine just being black doesn’t qualify you to be president anymore than being a girl does. TRUMP 2024

    Reply
  4. Barb says:
    September 3, 2024 at 11:56 am

    Does anyone really think any of this is HER idea?

    Reply
  5. Jan. says:
    August 30, 2024 at 3:37 pm

    A gains tax would destroy home ownership. It would result in massive increase in homeless people. It would also destroy manufactiuing and then our economy. Note: federal tax was 10% for the lowest income under Obama administration but increased to 12% under Biden_Harris administration. So much for helping the lower income, middle class. Moreover, socialism has been tried and failed in every country (even Russia) . Harris’ plans will create chaos and destroy America.

    Reply
  6. Zpavlata says:
    August 30, 2024 at 3:05 pm

    I will believe it when I see it. She has every ability to start doing what she says she will do while she’s in the White House right now so so why doesn’t she get the ball rolling?

    Reply
  7. Clara Payne says:
    August 30, 2024 at 2:44 pm

    It could work for some people but I don’t think it will work for all but if it does work for those who really need it I am for it at least some benefit

    Reply
  8. Merlin says:
    August 29, 2024 at 10:18 pm

    There is video footage of pallets of cash being delivered to Iran . . . maybe you missed or forgot about that . . . ?

    Reply
  9. EARL says:
    July 30, 2024 at 1:30 am

    SHE DIDN’T DO HER JOB WELL IN ANY POSTION SHE’S HELD UP THIS POINT AND WOULDN”T VOTE FOR HER FOR NO POLICIAN OFFICE!

    Reply
  10. Haydee says:
    July 29, 2024 at 5:16 pm

    I think we should not be voting for the charisma of the next president but voting for the policies that they will represent. Kamala’s policies are truly socialist and will deviate the country to a much worse scenario that we are in already. It is time for a change to how it used to be before Obama and Bidenomics.

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • A luxury cruise ship docked in a South American port at dawn, with two retirees looking on from a wooden pier. Hantavirus: What Retirees Need to Know Before Boarding a Cruise Ship
  • A retired couple selects fresh produce at a sunny outdoor market, highlighting the active and affordable retirement lifestyle. 7 Retirement Towns Where Residents Spend Less On Groceries
  • A vibrant sunset scene at a luxury retirement community showing seniors socializing near a lake and golf course. 10 Most Welcoming Retirement Communities in the USA With the Best Amenities
  • A peaceful rural landscape with a craftsman home in the foreground and a distant city skyline, symbolizing the move to the countryside. 12 Reasons More Americans Are Choosing Rural Areas to Retire
  • A retired couple walks through a desert landscape with tall Saguaro cacti under a vibrant orange and purple sunset sky. 9 Honest Pros and Cons of Retiring in Arizona That No One Talks About
  • An older man at a kitchen table with a map and tablet, planning various retirement trial locations in a sunlit home. 7 Retirement Lifestyles People Are Testing Before Fully Retiring
  • Watercolor illustration of a retiree checking off 'Travel' and 'Golf' on a list, surrounded by icons of airplanes and park ranger hats. 7 Retirement Jobs People Take Just For Free Perks
  • A retiree couple looks out the window of their new, bright, minimalist condo, symbolizing a fresh start after downsizing their home. 8 Things Retirees Are Selling Before Moving Into Smaller Homes
  • A retiree in a sun hat looking out over a vast canyon at sunset, symbolizing the freedom of travel in retirement. 7 Retirement Jobs That Let You Travel For Free
  • A grandmother and grandson sitting on a wooden dock at sunset, skipped stones creating ripples in the water. 7 Retirement Places Where Grandkids Actually Love Visiting

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

spousal

How Can You Increase Social Security with Spousal Benefits?

Also, if you have a child under 16 years old or if he or she…

Read More →
A happy retired couple looking at a tablet in a bright, modern kitchen, representing Medicare financial planning.

18 Medicare Benefits That Won’t Cost You a Dime

Did you know Medicare covers 18 preventive services for free? Save on your $283 deductible…

Read More →
strategies for baby boomers

Planning a Secure Retirement? Top 4 Strategies for Baby Boomers

A smiling senior couple uses a tablet and travel books to strategically plan their dream…

Read More →
housing withdrawing money from your retirement account

The Housing Market Crash of 2025: Experts Verdict

Considering that interest rates are still quite high and the inventory is still quite low,…

Read More →
2024 social security

Social Security Tax Wage Base Increases in 2024! Here’s What You Should Know

Carefully calculating the 2024 Social Security tax wage base increase with a notebook, calculator, and…

Read More →
Retirement Plans

New Retirement Rule Changes Taking Effect in 2026

3. Catch-Up Contributions May Require Roth Accounts for High Earners Another major rule change taking…

Read More →
Claiming Social Security early number

Claiming Social Security Early: 8 Reasons Why You Should Do This

3. You Need To Pay Off Debt Living your golden years without having to worry…

Read More →
financial stability in retirement

6 Finance Tips to NEVER Ask Your Kids for Money Again

Most of us strive to achieve financial stability in retirement, but this is not always…

Read More →
Social Security changes coming in 2024

IRS to Stop Mailing Checks: What Every American Needs to Do Before It’s Too Late

What Happens to Paper Checks in 2026? The IRS is not eliminating paper checks overnight,…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.