CPA Explains How Kamala Harris NEW Tax Plan Will Affect Your Wallet!

[@mycpacoach]

Watch Next - My Breakdown of Donald Trump's NEW Tax Plan: kzbin.info/www/bejne/q32sq3xvnpp2nLc

[@DerraKormino]

Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

[@winifred-k9e]

Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.

[@IamJonny-o4v]

I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

[@JacobsErick-u8r]

Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@IamJonny-o4v]

Melissa Terri Swayne can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

[@LUCIASMITH-d1z]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@DrSpas]

Wowsers, is this youtube? This one same guy went over the harris and the trump tax plans in the exact same way. No bias, no editorial, no bs. Just an objective cpa: here are the benefits of the plans for each You, sir, are a gentleman and a scholar

[@mrmichaelencke]

This is something I can actually show my students and have them consider how each plan could affect them! Its awesome!

[@robotech3894]

Increasing taxes has never helped anyone except the government

[@kensingtonchapp4819]

That is so blatantly false that I don't even know where to begin deconstructing that logic

[@kennylavay8492]

@@@@@@@@@@@@@@@@@@ Trump-Vance 2024 @@@@@@@@@@@@@@@@@@@

[@shinymew2887]

@@kensingtonchapp4819Explain Fema dumping 1 billion dollars on migrants, while leaving Helene victims with virtually none of their own money available

[@aaronhughson285]

@@kensingtonchapp4819Begin by actually doing it. Bet you cant

[@medmuscle]

​@@kensingtonchapp4819

[@tinalouise4327]

Remember that congress still has to approve the $25,000 home credit. She knows that it will never happen.

[@JamesCrawford-br9dq]

AND THE 50K START UP

[@TheUsz28]

Of course Republicans will be the reason it doesn't happen

[@VocabuLarry85]

Not if you vote down ballot

[@Patty-lb3sl]

She will if the house changes

[@Emerica771]

@@Patty-lb3slif the $25,000 housing credit gets passed, get ready for a bigger housing crisis than 2008.

[@limitlesswinning984]

25k first time home buyers is essentially going to inflate the prices of the homes, bc as it always goes-if everyone has free money but limited supply the price adjust of the good. Unrealized capital gains tax will destroy mine and your retirements, because the wealthy holders will find another method of sheltering their $ and Tank our retirement and investments

[@somethingorother9263]

💯 not sure how this isnt obvious. Just the idea shows she doesn't understand money.

[@shawng3497]

Its for people with 100 million he clearly stated that not saying your not in that bracket but just wanted you to be aware just in case your some how under the 100 million threshold of wealth you would be exempt from the taxes your talking about ​@somethingorother9263

[@philedwards6613]

I’m voting for no new taxes.

[@blessedlove3183]

Yes thats TRUMP policy 🎉

[@darkskinamerican7826]

Trump proposed No taxes on Overtime. That’s freaking huge!

[@pmcgowanp]

Vote Americans First and for President Trump plan Energy dominance not more billions for green new scam, no more unaudited billions for corrupt UKRAINE, NO TAXES on OVERTIME pay, NO TAXES on Social Security payments NO TAXES on TIPS, DEPORT the MILLIONS of ILLEGAL ALIENS intentionally let in for future dem votes taxpayer dependency citizen replacement and Obama's sick transformation of America to a 3rd world country 💥

[@charlestannehill2806]

@@darkskinamerican7826do you know the specifics of no tax on tips?

[@charlestannehill2806]

@@darkskinamerican7826 do you know the specifics on no tax on overtime?

[@DonaldWheelis-xb1lu]

What I see is Harris helps out beginners, beginner businesses, newborns and people who buy your 1st home. That does not help out most Americans, in fact it increases taxes. So, it appears she is cutting taxes when in fact she does cut taxes for some and increases taxes for most.

[@BillyOnYouTube]

$25k tax break for first time homebuyers won't matter because folks my age (25 years old gen z) are more concerned about the price of food and gas. No hope for ever owning a home under this administration!

[@kennylavay8492]

25 grand for first time home buyer is nothing. the price of homes have gone up 75 to 90 thousand dollars more for those homes. @@@@@@@@@@@@@@@@@@ Trump-Vance 2024 @@@@@@@@@@@@@@@@@@@ would be the best vote to save america from the madness of the corrupt screwing up badly.

[@Patty-lb3sl]

The administration doesn't set gas prices. Take the tax break, interest have gone down. You won't know until you try

[@BillyOnYouTube]

@@Patty-lb3sl Never said they do

[@raysithlord20]

​@@Patty-lb3slbut the govt does set the tax on gas and heaps on regulations that drive up the price.

[@iarocks44]

@@raysithlord20 The price fluxuations are not due to regulations or govt taxes as they have changed very little if any at all. What changes is price fixing by the US oil companies and foreign oil production. Not sure where you live but here in Atlanta, gas at Costco is $2.77. The cost of goods is always gonig up. Since 2020 while prices have gone up 21%, wages have gone up 23%. Need to be the understand the entire picture before making decisions. This guy does a decent job but he skips over some very important facts.

[@jimalexander9230]

Hi. It's interesting that you didn't mention the unrealized capital gains tax, and how that could affect holdings, and how that could also affect the rest of the economy.

[@jx6564]

kzbin.info/www/bejne/n3a1lXxmgciSZ68

[@JamesCrawford-br9dq]

kzbin.info/www/bejne/Z5Dcc2d5jcSSj5I

[@medmuscle]

That alone will absolutely destroy the economy. No intelligent person is behind her.

[@maliqmatthew1009]

@jimalexander9230 You mean like the way common folks having RMDs affects the economy?

[@jimalexander9230]

@@maliqmatthew1009 hi. I am unfamiliar with an "RMD".

[@bobmarsh8357]

As a fellow CPA great analysis. People need to see the truth between the rhetoric with this particlular politician.

[@Patti-iz6yn]

She's sooo over her head. Trump/Vance to save our country!

[@kensingtonchapp4819]

Welp, you're an id-io-t.

[@Patty-lb3sl]

You'd rather have a dictator and his sidekick? Go live in Russia

[@tommyglisten6501]

Inflation is the hidden tax and under Kamala it will continue I’m sure. This was a great video! I just discovered your channel and you explained things very clearly! Thank you!

[@michaelruscak4251]

Thanks!

[@timglass]

WOW! This is an amazing video giving details of her plan and at the end of it we have no clue which way you are leaning! Outstanding young man! Absolutely outstanding! You just earned a new subscriber!

[@michaelroberts4889]

I recommend going to watch his video about Trumps tax plan after this one.

[@VicFix]

She's acting like she just came up with a bunch of ideas. SHE IS THERE NOW, has been for 4 years and can't point to a single thing she's done in that time to campaign on. Not a single thing that she didn't tangle up. The other guy just keeps saying "we're going to do this and that... like we did 4 years ago..." and everyone knows what he's referring to. She only knows how to pander and promise things to get elected. Appreciate the break-down, well explained. 👍

[@MegaWhiteBeaner]

Name one thing another VP has done during their tenure.

[@gary.haynes]

@@MegaWhiteBeaner She is saying that she is a part of all the decisions Biden has made, then tries to flip and act like she's new. You can't have it both ways.

[@trayloningram529]

A VP only has two jobs: to take over if the current president can’t. Meaning they get assassinated or can not run any more. The second job is to be the tie breaking vote if the senate has a 50/50 vote on something. So she would be the deciding vote

[@sandyc5428]

Ask Pence what his job duties were. VP doesn’t sign bills a president does. She is a tie breaker vote and visit foreign countries. Civics 101.

[@sandyc5428]

She’s the new generation change candidate to move our country forward for a common sense positive future.

[@ronaldvantine4488]

No taxes on Social Security! Great for our senior citizens like me who are barely getting by.

[@JamesCrawford-br9dq]

Yep, Trump came up with that

[@chapinpepin]

Trump's plan, she is plegerizing Trump

[@VocabuLarry85]

@@JamesCrawford-br9dqthat’s a bi-partisan idea

[@livingstone1974]

​@@VocabuLarry85actually Trump said it first on a call with some voters up north look it up. it was never bi-partisan or the Democrats would already have it in play

[@JamesCrawford-br9dq]

@@VocabuLarry85 just pointing out Trump's tax plans and other policies have been picked up by Harris and the Dems

[@blueonefinancial]

Hell no, vote republican!!!

[@MegaWhiteBeaner]

If you don't like benefits from your tax dollars, hell yeah vote Republican.

[@darkskinamerican7826]

@@MegaWhiteBeanerDemocRats lie saying they are going to tax the rich but won’t do it cause if they did they would lose all their millionaire donors. Trump has proposed no taxes on tips, no taxes on social security and no taxes on overtime. It’s a wrap #BlacksForTrump #LatinosForTrump

[@oi8126969]

@@MegaWhiteBeaner Says the guy sitting in his basement playing with his pronouns !

[@Specialcowgirl69]

I'd rather have enough money to pay my bills and do as I wish then receive government benefits

[@Patty-lb3sl]

And pay whatever he wants you to pay. Go live in Russia

[@CameronFussner]

These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

[@CharlesArthur-fq5sx]

I honestly think America needs a completely restructure of their political system. It is just not working. Trump and Biden being elected out of 300 million people to run the country is evidence for that too.

[@williamDonaldson432]

This is why the US should elect more progressive politicians, who know how to manage budgets and give us (yes, pur country's initials literally spell out that pronoun) much better tax credits in return for better public education and better public healthcare. but since these are nonexistent, my husband and I are being guided to finance our retirement and healthcare through a diversified investment portfolio

[@foreverlaura-fq4eu]

@@williamDonaldson432 How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@foreverlaura-fq4eu]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@williamDonaldson432]

Annette Marie Holt is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@SlowDriver2024]

It's easy to dodge all her bullshit tax proposals, just vote Trump this November.

[@George-hl2xm]

No thanks

[@ladybistre9596]

Yep! Trump 2024!

[@RedEyeC]

@@George-hl2xm - No thanks? You'd rather live on welfare the rest of your life??

[@George-hl2xm]

@@RedEyeC I don’t live on welfare so what’s your point 🤔🙄

[@RedEyeC]

@@George-hl2xm - then obviously you WILL be voting for Trump, right? I mean, only a fool who pays taxes would want the taxes to increase - and Harris PROMISES to do this for ALL taxpayers - not just the wealthy, but the very poorest.

[@LSUtiger607]

What’s the tax strategy when she implements these policies, crashes the economy and we all lose our jobs?

[@MegaWhiteBeaner]

You think companies will fire people to do what...pay the same tax rate and be less profitable? It's an across the board rate, not a rate for companies with different incomes like individuals.

[@LSUtiger607]

@@MegaWhiteBeaner What I think is that there’s a concept in economics called “going out of business”. It’s cute that you assume all companies are profitable. Do you think an increase in taxes (costs) promote more or less successful companies? What happens to the employees of a failing business? Second, people and entrepreneurs with capital to invest will deploy that capital in jurisdictions and countries that offer the lowest costs. Do you think Nike manufacturers shoes in Asia because it’s more or less expensive to do so in the US? How many of those jobs are lost to Asia? That is what I think.

[@JulieMoran1832]

The $25k first-time homebuyer tax credit will disappear when sellers and home builders increase the sales price an additional $25K. That's what happens when government gets involved. Unintended consequences. Look at the cost of going to college. The more federal aid people take to pay for college, the more costs to go to college go up. Increasing the minimum wage just increases the costs of goods, services, rent and everything! Increase the child tax credit to $6K for families with a newborn? That is dependent on income...what income? What is that number?? CPA's probably aren't going to like this but I think we need to overhaul the tax code. Make it a flat tax based on what you spend only. That gets rid of all the loopholes. It also encourages saving and forces government to budget like the rest of us do.

[@JoshuaConleyJr]

Planning ahead can really minimize taxes! I’ve made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it’s been a game changer. I was able to reinvest my RMD strategically, and I’m now pulling in about $25k a week, despite doing very little trading myself. It’s a nice cushion against financial stress. Best of luck with your RMD decisions!

[@RamzanBarysheva]

25k a week? Amazing! how did you get started?

[@JoshuaConleyJr]

I signed up for a 1-on-1 trading session. It's like copy trading, but with personalized guidance.

[@JoshuaConleyJr]

the session was secure and a supportive way to improve your trading skills while earning, the best part is there's no upfront payment required at all

[@JoshuaConleyJr]

I suggest consulting with Dave for guidance, This way you can get strategies designed to address your unique long/short-term goals

[@VishalFaucet]

Hmm!! Who is Dave, if you dont mind me asking?

[@kenkoelsch8744]

Private equity firms own less than 2% of single family homes in the US. But they own 20% of homes in Atlanta suburbs in the price range of first time home buyers and where first time home buyers would be more likely to purchases. 15% in Phoenix suburbs, 14% in Las Vegas suburbs, 11% of current single family home rentals in Charlotte, 10% in Tampa, etc... Real winners of $25,000 taxpayer funded tax incentive would be Blackstone and other large equity firms incorporated in Delaware and are major donors to politicians campaigns.

[@windsongmoonchild6400]

No tax on overtime - Trump 👍

[@gc-hu2nl]

Project 2025 won't require your employer to pay you for overtime. They will be able to offset it😂

[@RedEyeC]

@@gc-hu2nl - "Project 2025" has ZERO affiliation to Trump. ZERO!

[@sassyd7286]

@@gc-hu2nlplease get informed, rather then spreading lies & talking points you’ve just heard. He does NOT support Project 2025 & has spoken out against it.

[@g4orce703]

​@gc-hu2nl stfu with this false rhetoric, this has been debunked and trump knows nothing bout it. Your fear tactics isn't going work! We're not voting blue, kamala isn't bright, and severely incompetent. Trump 2024

[@terrencemcphail5782]

U a dumb azz nobody is affiliated with 2025 neither fuqqin party

[@caseyloomis2168]

Do you have a video on Kamala's unrealized capital gains idea?

[@mycpacoach]

Yes, it will be coming out this Friday.

[@caseyloomis2168]

@@mycpacoach I'll have to subscribe then. :) Thank you.

[@mrjamesgrimes]

You need a video to know that will crush the stock market?

[@caseyloomis2168]

@@mrjamesgrimes That's a laugh-out load-funny reply. I need a video to see if someone found a loop-hole for this proposed tax. There is no way anyone in the Congress or Senate will allow themselves to be taxed this way and I'm sure there's a few people in there that have net assets of at least $100M

[@aidangattinger8975]

@@caseyloomis2168 Even if one of there donors hits that $100M they'll put some kind of loophole in.

[@Harry_16710]

Great breakdown, Sherman - thanks!👏 👏

[@Tony770jr]

There needs to be some analysis on the income the government makes from taxes from both plans in order to determine the effect on the deficit. Maybe you could do that analysis. Basically, which plan, based on projected tax income would have the less impact on the deficit. Let's keep in mind that business stimulation helps both the taxpayer and the government. In addition, providing certain tax credits also stimulates the economy...

[@K9Equine23]

Missed the bit about taxing unrealized capital gains. Which isn't good for anyone and is a very slippery slope!

[@medmuscle]

Yep. It will really scare people away and force them to sell assets. It's disgusting.

[@mcsoja]

NO TAXES ON TIPS!!! 🙏

[@lionog1718]

And she stole that idea as well. 😂

[@George-hl2xm]

Nonsense bad idea

[@VocabuLarry85]

@@lionog1718nope, Bernie and Rand said it first

[@lionog1718]

Scamala cameleon tax policies.

[@ronaldnelson6692]

So, how does the tax credits for first time homeowners and first time businesses help those that have lost their first home or small business?

[@AirborneAirAssault6565]

Harris and Democrats have convinced and proven to me the best person to lead America, all Americans, is Trump and Republicans!

[@muthoni632]

People do not want handouts they want a working economy

[@VocabuLarry85]

She’s trying to save the middle class, that’s the driving force of the economy

[@theresiamares3170]

What really matters to me is the NET result…will taxes smack me along with the record grocery and gas and electricity and insurance expenses? The details don’t matter as much as the net result…

[@lewislaw6835]

I heard you say "depending on income". That affects the middle income population.

[@Dontvotekamala]

Hit 115k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in January

[@SarahMorgan-f2x]

How please

[@SarahMorgan-f2x]

I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

[@Dontvotekamala]

I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

[@Dontvotekamala]

She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

[@KyrianJames-p1g]

😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

[@denisa.Y]

GET KAMALA OUT RET NOW 😑

[@endthestruggle4219]

Do Trump tax proposal. I might subscribe

[@mycpacoach]

Up next. Will be uploaded tomorrow.

[@mycpacoach]

Here you go kzbin.info/www/bejne/q32sq3xvnpp2nLc

[@joannemalandra-martin7920]

He did. Plus side by side. Great utude. This really helped me make my choice. Trump has my vote. He helps more people. We need more business in the US. We need to keep what we have. We need to make more in the us.

[@franktsai4164]

I am a minority myself, a legal immigrant, I am voting Trump because it isn’t fair that I had to wait in line to get my citizenship while certain groups can just cross the border. Yes, his tax plan is more appealing to me too.

[@fd1222]

So let's see I've bought houses before. I'm retired . So I get shit. Except my taxes go up .

[@gc-hu2nl]

Only concerned with your well-being. Lovely😢

[@DjNaste]

​@gc-hu2nl Why shouldn't they be concerned with their well-being?

[@judyjones4959]

@@gc-hu2nlThey should be since taking away from their well being to give to someone else’s well being like migrants.

[@LoweredLine]

​@gc-hu2nl he's right I'm 25 already bought my first house and again I get nothing except higher taxes. Stop being poor and looking for government hand outs

[@medmuscle]

​@@gc-hu2nl Are you kidding? People like you that don't know what you are talking about need to stay quiet. Everyone who is a LEGAL citizen benefits under DJT. That is objective. You won't challenge me. Try me.

[@darylefleming1191]

Thanks m8.

[@DanielGibbons-v9k]

Opening the door to taxing unrealized gains is nuts. It will not stop with the "rich." Congress cannot get spending under control. Seems to me that loans against stock holdings should be treated as imputed income, but what do I know.

[@philjaxn]

I’m voting for no taxes on social security!

[@gc-hu2nl]

Won't be any taxes on social security after Trump takes an axe to these benefits 😂😂😂

[@philjaxn]

@@gc-hu2nl WTH are you talking about? Must be listening to lame stream media.

[@Patty-lb3sl]

Have you been living in a closet. Trump and the. Maga parties have been looking to sunset Medicare and Social Security for years

[@mtebor]

Thinking of changing from C to S corp. have a meeting with my cpa next week

[@pearlivory3483]

I like you. Good stuff.

[@whyzzman]

Love it.

[@kelexod]

I thought I saw the words first generation first time homebuyers. What does that mean? What if you’re not the first generation of your family to buy a home. For example, if your parents bought a home, then you would be the second generation of your family, so you are not eligible for the $25,000? You also didn’t mention her proposal of taxing unrealized capital gains? What about retirement portfolios, or my home value? Am I going to be taxed for future money? Are they fortune tellers who can predict the future?

[@TimDyer-y2p]

Loved your commontary!

[@ChoppedCheese2]

Which candidates' tax plan would be better for the economy overall?

[@sherriegray1854]

If the government has money to bail out big business, "Banks, auto industry, etc." why can't they bail out working America?

[@maryp3212]

Does either plan address the amount of government spending and the size of government? It’s one thing to raise revenue and another to deal with spending. If I spend more than I take home, I am in debt. If I cut spending, I am debt free. Reduce the need for more taxes is the key, reduce government spending.

[@1packatak]

That’s not on the Dem agenda

[@BrokenCrayonsstillcolor18]

Less tax revenue means less $ available for government spending. The government is 6 trillion dollars in debt. This didn’t just happen overnight; it’s been years in the making. Where have you been? Corporate tax breaks mean/meant they get to keep more $ and pay fewer taxes compared to working class citizens. So when there are government shortfalls, working class citizens feel the pinch. Corporations and the rich can purchase whatever they need/want - working class citizens - not so much.

[@BrokenCrayonsstillcolor18]

The Treasury Department makes government spending info available. Check it out and then decide what services you or other Americans can do without.

[@milliemone]

She keeps saying she has a plan, but no she only has promises. And she is not going to get anything implemented, if God Forbid, she gets in. She is going to talk, and nothing is going to happen

[@foxyladyoak]

One issue with this video is there is no in depth analysis on many of Harris’ plan ideas. We also don’t get any context of what Trump’s presidency did and Harris plans to change or what Biden-Harris claimed in their campaign trail, what they did/didn’t do and what she proposes that’s the same as/different than before. This would actually help people understand what the facts of her plan (which you presented well) will actually mean.

[@stevenbear1610]

I don't want to pay for someone elses house, kids, or business. Also, what is the hard line to define "rich"?

[@annoravetz5188]

A good strategy would be to cash out of stocks at or before the moment of repeal of the favorable long-term gain tax treatment, and instatement of these taxes on unrealized gains, hold in cash until her 3rd year in office, then as the stock market would still be depressed by these taxes, purchase them back. The reason is that the result of these taxes will be so detrimental to the economy that she will not merit another term, and these tax laws will be repealed by the time of the next tax year filing when she’s out of office.

[@Patty-lb3sl]

Ask the people who have stock and the money they have made. The stock market has the highest numbers, ever

[@heloc3]

You left out her plan to tax unrealized capital gains. Was there a reason for that?

[@soulswork1111]

Thank you for this clear explanation. I am confused as to when a business can take the current $5000 deduction though? It is the year the business structure/LLC is formed or the year that the first revenues are received (the date the business opens) OR is it the year of the actual expense (if I am buying things in 2024 to use in 20025 when my business opens). I am in the process of starting a new business but now I am confused if I should start it in 2024 or wait until 2025 to actually open. So many unknowns....

[@tamaramanchester9931]

Vote Trump

[@adancdego6339]

The $50k tax credit for new business - the question is how many people make $50+ yearly in their first year as a business? I understand whatever is made the first year will be tax credit. But doesn't sound better to know you have $5k for the next 10 years and not only startup cost?

[@kengtachala1867]

Can you do trumps ?

[@darkskinamerican7826]

Can he do Trump without being biased, is a better question. Trump proposed no taxes on tips, no taxes on overtime and no taxes on social security. It’s hard to believe Kumala will reduce taxes when she and Biden hired 80,000 IRS agents to crack down on tips, cash app and Venmo.

[@mycpacoach]

Here it is kzbin.info/www/bejne/q32sq3xvnpp2nLc

[@pressendforspanish]

Why did you not mention her "unrealized capitol gains tax" she is proposing which would tax homeowners and others whos homes or businesses that increase in value whether or not they sell or not? Thats a huge tax.

[@steveguillory7568]

Yeah only if you’re worth $100M. If you are, then pay the tax

[@michaelk1840]

The problem is when business pay more in tax, they increase prices to off set this or move over sea's which reverts the cot to the people who makes less than 400,000 so in reality is does not change anything but reduce the amount of American business this reduces the amount of jobs that will lead to a recession

[@danielharvey595]

Both of the candidates tax plans sound fair enough, but how about we look at the track records. I'm not going to say either way, but do your research. You should definitely look into who owns up to their promises.

[@JerryHoward-v2i]

Your telling me this guy is smarter than most economists who say Trump's plans will add trillion s to the national debt. No economist has backed Trump's economics plan

[@aaronhughson285]

The debt is high because spending is too high. Dave Ramsey says you need to get on a budget.

[@Fette26]

How does it add trillions in national debt? You should watch his analysis on the trump tax plan. Where does all the money for the 25k down payment assistance and 50k business startup come from?

[@kenkoelsch8744]

You seriously believe economist think we can tax our way into prosperity?

[@muthukumare]

You didn’t tell anything about fiscal deficit that this tax plan would create and how she is going to make up for that

[@StinkySobaccos]

I'd like to know where you've found the proposals you explain. I haven't seen anything written anywhere. It would be nice to be able to read them myself.

[@brandi.bw_89]

Well why doesn't she just say everything you just explained. I don't like assumptions. She needs to say she will keep or extend whats already in place then amd that shes adding to it.

[@TheUsz28]

She has lol

[@KingAngel4Life]

I will never feel like my earned income is free range for the government to tell me what I have to give the government. Legally Pimping for sure.

[@nicoleb3636]

One word, "detramental." That describes Kamala's plan.

[@HugoMTZ690]

Trump 2024 🎉❤

[@jamesrichardson1]

I didn’t hear you mention the un-realized capital gains tax. You know the tax on pretend money you haven’t received. Such as your property goes up in value capital gain but you didn’t sell it but you have to pay taxes on those gains. Also there is no provision for capital loss.

[@walterabernathy5663]

I want somebody to come up with a plan to cut expenses

[@ZillaYT]

What about her plan to tax unrealized capital gains?

[@roamingrandy1017]

This outline could be written every four years when the newly elected rush too pass legislation to cut taxes for the ultra wealthy and corporations that have made campaign contributions, or bribe money as I call it.

[@MaryBethMcCoy]

Funny how Kamala talks about a $25k home tax credit and a $50k Startup credit, but doesn’t explain where the funds for these programs will come from?

[@joshua43214]

$25K credit for first time home buyers? This is classic smoke and mirrors, how many first time home buyers pay $25K in federal income tax? That is upper middle class in my area

[@somethingorother9263]

So what about obamas first time homebuyer program where you need no down payment?

[@todoguahan2896]

What about the unrealized capital gains tax she's proposing?

[@cheriederden7519]

For the low income to average income Citizen the Harris plan will have more positive long-term effects than the Trump plan. the Trump plan MAY provide more short-term benefit. You need to decide if you are better off with short-term planning or long-term planning before you vote.

[@toniat8278]

Too bad it’s not well thought out. I’m a registered voter and none of her tax proposals apply to me. I already own a home. I’m retired. My kids are all grown. I don’t own a small business…. I’m not child bearing age🙆🏽‍♀️

[@kingsmooth1234]

All I’m hearing is higher taxes period. If she is elected we will be broke and praying the next terrorist cell that strikes isn’t on the corners we will be begging for food.

[@rafaelinagonzalez4211]

So I guess there's a solution for everyone to win.

[@rafaelinagonzalez4211]

This solidifies my vote for her.

[@Fette26]

Literally a bot

[@brandonlord15]

Increase business and rich taxes = higher prices, and less income and employment. They will save their money one way or another

[@gr6060]

Tax credits are only good for certain people in certain situations. None of her tax credits will do me any good.

[@somethingorother9263]

Whao back up. 2 years of good rental history to qualify for this 25000? So the demand and thus the price of rent is going to skyrocket.

[@bobwhite2]

She is in Kamala’s La-La Land

[@d.b.1858]

Her commy plan.

[@DjNaste]

So in short, this plan will do nothing to make the rich "pay their fair share."

[@timothypropst238]

When I hear her campaigning she sounds like she running against an incumbent republican. I don’t know if she realizes it but she running against herself.

[@BlueStarDrumBum]

My adult child lives with me just like a lot of family situations because of students loans they can’t afford rent. They don’t qualify. This doesn’t help the people who need help. This is a poor plan.

[@ne0nZchr0me]

We buy stuff from corporations and stores who will be paying more for transportation costs & costs of everthing we buy... sales tax, base prices, so basically inflation 3.0 kamala style

[@jtduggins]

You are the only accountant that I’ve seen (I watch many) that stayed factual without providing the actual negative impact of these policies on taxes. Also, you didn’t provide the same analysis for Trump’s plan. Unsubscribing.

[@mycpacoach]

I have a Trump video up next. Also, both sides have different views on what the “negative impacts” of these policies will be. I prefer to stick to the facts and not speculate or add political bias to my channel.

[@Shiny_J]

So you would rather him lie than speak facts? 🤔

[@jtduggins]

@@Shiny_J they aren’t complete facts if he leaves out information such as how it will negatively impact folks.

[@judyjones4959]

These tax credits is a bunch of fluff and will only pertain to a few people . Not a tax benefit across the board like the 2017 tax changes that will expire in 2025. So, if the 2017 are not renewed taxes will go up across the board for everyone. Trump had the better plan especially for me who can take my social security in the next few years. As a bw living in NYC I’ll be voting Republican come Nov. Trumps plan everyone gets a break from taxes , that’s fair.

[@alainjazzlovers]

She has a plan not concepts especially for the Middle Class. There are soooo many loopholes for the wealthy in our country!

[@teresaharrison6604]

Trump admitted to having a concept. I trust her more than a bitch ass man that begs poor people for money. Trump is running for president to save himself. America doesn't need him to save her. America needs saving from trump. America is not trump. We can and will survive without him.

[@kensingtonchapp4819]

I would happily pay a few extra bucks in taxes to help support programs that benefit the working class, as well as keep Trump from EVER setting foot on white house property again, and I'd also happily require all of you to spend the money as well. The benefits far exceed the costs in every possible way.

[@kenkoelsch8744]

You happily ignore results.

[@lindamarangon777]

MAKE A CHANGE. UNBURDEN YOURSELF BY WHAT HAS BEEN 2024 TRUMP/VANCE

[@michaelk1840]

she is going to keep the Trump tax deductions

[@markjoslin9912]

Plus when she lets the trump tax breaks expire everyone’s taxes go up! Marinate on that.

[@hwfranjr]

SO HARRIS WHERE DO WE GET THE MONEY TO START UP A BUSINESS,LOL,SUCH B.S.