Washington faces a giant tax debate in 2025. How Kamala Harris or Donald Trump would navigate it.

Published On Nov 2, 2024, 9:06 AM

The article discusses the upcoming tax debate expected in 2025 and how potential political figures like Kamala Harris and Donald Trump may navigate it. It highlights the importance of this debate as it could influence the economy and tax policy significantly depending on the party in power. Harris might push for progressive tax reforms, while Trump may favor tax cuts, reflecting their respective party ideologies.

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Stock Forecasts

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The upcoming tax debate could lead to increased volatility in the market as investors react to the proposals from both parties. If progressives gain traction, companies may face higher taxes which could depress earnings, or if Trumps tax cuts policies prevail, it could enhance market optimism and boost stock prices.

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