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August 15, 2024, Marlboro, Maryland, USA: Vice President KAMALA HARRIS speaking about lowering the cost of prescription drugs at Prince George’s Community College in Marlboro, MD (Credit Image: © Michael Brochstein/ZUMA Press Wire)Pictured: kamala harrisRef: BLU_S7861175 150824 NON-EXCLUSIVEPicture by: Michael Brochstein/ZUMA Press Wire / SplashNews.

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Those proposals included a ban on fracking and afederal jobs guarantee.

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More should be known about the vice presidents tax policies in the coming days and weeks.

For now, many observers predict that shell roll out a more progressive tax agenda than President Joe Biden.

Here are four potential taximpacts a Harris presidency could haveon large corporations.

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Among other things, the TCJA lowered thecorporate income tax ratefrom 35% to 21% and.

However, critics may argue that allowinginexpensive Chinese importsto go untaxed damages domestic industry and production.

The Internal Revenue Code blocks employers from deducting certain payments related tosexual harassment and sexual abuse claims.

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