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Should the democratic nominee take the Oval Office, things could change fortaxpayers in 2025.
What might we expect?
Tax-Free Tips
Tipping is a contentious issue, with many Americans feeling, frankly, over it.
This would mean tips would be under the table, as it were, across the board.
Possibly Higher Income Tax Rates
Roll up your sleeves; this one is complex.
A Harris presidency could usher in significant income tax changes.
But first, lets see where we stand now.
Then, between $11,600 and $47,100, your income is taxed at 12%.
And for the $2,900 over $47,100, youre gonna be taxed at 22%.
They were indeed higher for all but those earning $11,600 or less.
Consider the following in addition to what Singh noted.
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