Vice President Kamala Harris’s proposed changes to the estate tax, aimed at boosting teacher salaries, are drawing fire from critics who argue it could stifle small businesses and create monopolies. This article analyzes the potential impact of the death tax changes on various sectors of the economy, including small businesses, family farms, and the real estate market.
Results for: Estate Tax
A closer look at Kamala Harris’ proposed tax plan reveals a potential devastating impact on family businesses and farms, raising the dreaded ‘death tax’ to levels that could force families to sell their life’s work to cover the exorbitant cost. This analysis explores the stark contrast between Harris’ plan and former President Trump’s tax cuts, highlighting the potential consequences for American families and the economy.