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proposal to extend his signature tax cut legislation as a giveaway to the wealthy that would add to the deficit, but she supports extending the biggest part of it.
Extending the tax cuts for those earning under $400,000 comes with a massive price tag, a price tag that Harris’s campaign hasn’t addressed.that extending the tax cuts for the bottom 95% would cost in the ballpark of $2 trillion or $3 trillion in tax revenue. But Harris has endorsed most of former President Joe Biden’s tax proposals. For instance, she has backed increasing the corporate tax rate from 21%, which was set by the 2017 Trump tax overhaul, to 28%.
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