2024-09-05

Harris capital gains tax plan softens Biden proposal

Vice President Kamala Harris boards Air Force Two at Joint Base Andrews in Maryland, Sept. 4, 2024. Erin Schaff | The New York Times | Via Reuters Vice President Kamala Harris on Wednesday proposed a 28% tax on long-term capital gains for households with an annual income of $1 million or more, lower than the 39.6% rate President Joe…

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2024-09-04

Harris $50,000 small business startup tax deduction ahead of Trump debate

Democratic presidential nominee and U.S. Vice President Kamala Harris delivers remarks at a campaign rally in Savannah, Georgia, U.S., August 29, 2024.  Elizabeth Frantz | Reuters Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction for startup expenses, ten times the current $5,000 allowable deduction, according to a…

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2024-08-27

ABC News event in doubt

Republican presidential nominee and former U.S. President Donald Trump speaks during a visit to the Livingston County Sheriff’s Office in Howell, Michigan, U.S., August 20, 2024.  Rebecca Cook | Reuters Republican presidential nominee Donald Trump is waffling on whether he will debate with Vice President Kamala Harris as previously agreed. And their campaigns are squabbling over terms for the…

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2024-08-25

Trump DJT stock could be sold within weeks

A smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images Former President Donald Trump will soon be free to start unloading his multibillion-dollar stake in his fledgling social media startup, Trump Media. But the potential payday — Trump’s stake comprises more than half of his on-paper net worth, per…

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2024-08-22

RFK Jr. to drop out, endorse Trump over Harris

Independent presidential candidate Robert F. Kennedy Jr., looks on during a campaign event to announce his pick for running mate at the Henry J. Kaiser Event Center on March 26, 2024 in Oakland, California.  Justin Sullivan | Getty Images Robert F. Kennedy Jr. plans to drop out of the presidential race on Friday and endorse Republican nominee Donald Trump,…

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2024-08-18

Tax cuts, housing incentives, more price caps

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at an event at the Hendrick Center for Automotive Excellence in Raleigh, North Carolina, U.S., August 16, 2024.  Jonathan Drake | Reuters Vice President Kamala Harris on Friday delivered an economic policy pitch aimed to appeal to middle-class voters by focusing on lowering the costs of food, housing, health…

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2024-08-16

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries

U.S. Vice President Kamala Harris delivers remarks during a campaign event at West Allis Central High School, in West Allis, Wisconsin, U.S., July 23, 2024.  Vincent Alban | Reuters WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday. “There’s a big…

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2024-08-15

Trump economy speech Harris attacks

Republican presidential nominee former President Donald Trump speaks at a campaign event at Harrah’s Cherokee Center on August 14, 2024 in Asheville, North Carolina.  Grant Baldwin | Getty Images Republican presidential nominee Donald Trump attempted to paint a bleak picture of the U.S. economy Wednesday and pin it on his Democratic rival, Vice President Kamala Harris. But Trump frequently…

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