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Your email address will not be published.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

  • 10 Things Retirees Should Remove From Their Wills Immediately
  • A New Yorker-style editorial illustration of a retired couple on a split bench, balanced between heavy savings and floating travel balloons. What Retired Couples Fight About Most Financially - and What It Costs Them
  • Watercolor and ink illustration of small golden coins slipping out of a tiny tear in a leather wallet, representing silent budget leaks. 6 Signs You’re Losing Money Every Month - and How to Find the Leaks
  • An unposed, warm photograph of a retired couple relaxing on a wooden deck by a misty lake in the morning light. You Could Spend 30 Years Retired With Literally No Paycheck, Because These 4 ETFs Pay You Every Month
  • An older couple in a warm kitchen looking over retirement figures on a tablet and notebook during a sunny morning. The 2027 Medicare Part B Premium Projected at $209.50: How to Prepare for the New Deduction
  • An older woman looking out of a window at a foggy, dark forest, representing the hidden risks of scenic retirement spots. America's Unsafest States for Retirees
  • 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
  • An older couple sitting at a wooden kitchen table, collaboratively planning their budget with a notebook and a tablet showing a trend line. The 2027 COLA Prediction Tracker: How to Watch the Numbers Before October's Announcement
  • Comparing Quality of Life: USA vs. Russia Comparing Quality of Life: USA vs. Russia
  • An older couple laughing while unpacking fresh vegetables and bread from a grocery bag onto a sunlit wooden kitchen table. The Senior Grocery Discount Programs That Vary State by State in 2026

Newsletter

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

Related Articles

Mastering Financial Wellness: 4 Essential Tips for Improvement

Simplify your path to financial wellness by tracking goals on your smartphone and planner during…

Read More →
Medicare open enrollment

Missed the Medicare Deadline? Your Options Aren’t Over Yet

Common Qualifying Situations for SEPs Here are some of the most frequent scenarios that open…

Read More →
recession

9 Smart Ways to Recession-Proof Your Retirement

A confident senior man monitors market trends on his tablet, taking proactive steps to secure…

Read More →
An older woman stands thoughtfully on her porch on a crisp autumn morning, holding a warm mug.

The Exact Number of Americans Who Retire Each Day — And What It Means

Discover the exact number of Americans retiring daily during the Peak 65 wave and learn…

Read More →
part-time jobs for retirees

10 Great Part-Time Jobs For Retirees

3. Rideshare Driver If you enjoy driving around, have a legal driver’s license, and own…

Read More →
A couple reviews financial documents at a table, with travel plans and creative hobby materials present.

The Ultimate Pre-Retirement Checklist: Everything to Do in the 5 Years Before You Retire

3 Years Out: Deep Dive into Income and Healthcare Three years from your target date,…

Read More →
An older woman reviewing a Social Security Administration letter at her kitchen table with a magnifying glass and a calculator.

Why Retirees Are Watching COLA Estimates Closely

Discover how the latest COLA estimates and rising Medicare premiums impact your Social Security benefits,…

Read More →
An editorial illustration showing a balance scale where a coin labeled COLA is outweighed by grocery bags and medicine bottles.

What Retirees Need to Know Before the Next COLA Announcement

Prepare for the upcoming Social Security COLA announcement by understanding how benefit changes impact your…

Read More →
scams data

Seniors, Read This: 9 Ways to Protect Personal Data Online

Avoid all pirate sites to ensure you’ll never become a phishing victim. While it’s super…

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.