Retired in USA

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Your email address will not be published.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

  • Smiling female park ranger with binoculars points from a wooden observation deck overlooking a river valley and mountains. 9 National Park Jobs for Retirees With Good Salaries
  • A senior man sits at a wooden table holding eyeglasses and reading a Social Security Administration benefit statement. What to Do the Day Your Personalized COLA Notice Arrives in December
  • A cracked glass leaking water on a wooden desk next to an open ledger, steaming mug, eyeglasses, and coins. 5 Silent Money Leaks in Your Retirement Budget
  • Senior couple smiling while reviewing paperwork, a notebook, and an asset allocation chart on a tablet in their kitchen. 10 Ways to Generate Retirement Income
  • A senior man fly-fishing from a wooden boat on a misty, calm lake surrounded by evergreen trees and mountains at sunrise. 10 Great Retirement Destinations for People Who Want to Fish More Often
  • Senior man in a visor holding a clipboard and pencil on a sunny golf course surrounded by palm trees. Top 5 Jobs For Seniors in Florida
  • An older man wearing glasses sits at a wooden table reviewing a Medicare Summary Notice and paperwork. Medicare 2027 Projections: Here's How Much Your Monthly Premiums Are Estimated to Rise
  • An older man sitting at his kitchen table under morning light, carefully reviewing his Social Security check and paper statements. 8 Signs Your Social Security Payment Was Miscalculated
  • A mature multi-ethnic couple reviews retirement documents together at a sunlit dining table in their home. 7 Social Security Rules for Non-Citizen Retirees
  • An older man sitting at a wooden table organizes medical documents and application papers in his warm, sunlit home. 8 Signs You Qualify for Expedited Social Security Processing

Newsletter

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

Related Articles

Gouache illustration of a cozy kitchen table with coffee, glasses, and an October calendar, symbolizing retirement planning.

New COLA Predictions Are In – Here’s What Retirees Should Know

Discover the latest 2027 Social Security COLA predictions, how Medicare premiums impact your benefits, and…

Read More →
A retired couple laughs together at an outdoor cafe in Mexico, basking in warm golden hour light.

What Happens to Your Social Security If You Move Abroad

Learn how moving abroad affects your Social Security benefits, taxation rules, payment restrictions, and mandatory…

Read More →
A retired woman smiles warmly at her kitchen table while holding a mug next to her financial planning papers.

The SS Benefits Most Divorced Retirees Forget They’re Entitled To

Discover exactly how to claim Social Security divorced spouse benefits in 2026 to maximize your…

Read More →
Tax Refund

New Court Ruling Could Mean IRS Refunds for Pandemic Tax Penalties (2020–2023)

Who May Qualify for an IRS Penalty Refund Not everyone will be eligible. However, you…

Read More →
A retired couple reviews financial papers at a sunlit kitchen table, planning their budget.

Retirees, Take Note: 4 Recent Social Security Changes You Can’t Afford to Miss

Discover the 4 key Social Security changes in 2026, including the 2.8% COLA bump, updated…

Read More →
reduce

State Tax Refund Delays in 2026: Why Some Americans Are Still Waiting for Their Money

3. Oregon Oregon taxpayers who submitted paper tax returns are facing some of the longest…

Read More →
Retirement Financial Planning Tip

10 Genius Retirement Financial Planning Tips You’ll Thank Us For

A smiling woman enjoys a warm drink in her sunlit garden, reflecting the peace of…

Read More →
A senior man sits at a wooden table holding eyeglasses and reading a Social Security Administration benefit statement.

What to Do the Day Your Personalized COLA Notice Arrives in December

Learn the essential steps to take when your personalized Social Security COLA notice arrives in…

Read More →
An affluent retired couple relaxes on a sunny, waterfront wooden deck in Naples, Florida, overlooking calm waters in the morning light.

America’s Richest Retirees – Here’s Where They Live

Discover exactly where America's wealthiest retirees are relocating in 2026, and learn the tax strategies…

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

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

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.