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~ PUREGNS ~ Donald Trump & Kamala Harris Tax Plans & Economic Proposals – Compared!


Everyone got a tax cut under Trump: Steve Forbes

Fox Business – Everyone got a tax cut under Trump: Steve Forbes

Donald Trump & Kamala Harris Tax Plans & Economic Proposals – Compared!


The $2.3T Gap Between Trump’s and Harris’s Tax Plans | WSJ

The Wall Street Journal – The $2.3T Gap Between Trump’s and Harris’s Tax Plans | WSJ

Fortune Magazine – Is Donald Trump or Kamala Harris Better for the Economy?

ClearValue Tax – Donald Trump & Kamala Harris: Economic Proposals Compared

Tax Foundation – 2024 Election Insights | Whose Plan Wins? Trump vs. Harris on Taxes
Tax Foundation – 2024 Election Insights | Trump on Taxes, Tariffs, & Harris’ Economic Plans

Mark J Kohler – Tax Lawyers Breakdown Harris vs Trump Tax Plan (FULL DETAILS)


Don’t Be Fooled By The DNC—Kamala Harris’ Economic Program Is A Recipe For Depression

Forbes – Don’t Be Fooled By The DNC—Kamala Harris’ Economic Program Is A Recipe For Depression

CPA Explains Kamala Harris’ Unrealized Capital Gains Tax Proposal (FULL DETAILS)

Sherman – My CPA Coach – CPA Explains Kamala Harris’ Unrealized Capital Gains Tax Proposal (FULL DETAILS)

Donald Trump – Tax Plans


Sherman – My CPA Coach – CPA Breaks Down Trump’s NEW Tax Plan – What You Need To Know

Sherman – My CPA Coach – Could Trump END Income Tax? CPA Analyzes Likelihood (FULL DETAILS)

Could Trump Replace Income Tax with Tariffs? CPA Explains the Likelihood. Apply to Become a Client: https://mycpacoach.com/contact/

The Trump campaign has floated the idea of eliminating income tax which is gaining a lot of attention right now.

Basically instead of having an income tax, his campaign is suggesting to raise tariffs on foreign producers to raise revenue for the federal government.

On his website, his proposal specifically states that “As Tariffs on Foreign Producers Go Up, Taxes on American Workers, Families, and Businesses can come down”

This idea has raised a number ranging from if this could actually pass Congress to how it could affect the economy, inflation, and ultimately – is this actually a legitimate possibility or just smoke in mirrors?

So as a CPA that has reviewed Trump’s tax proposal in detail and as someone who tax plans everyday at mycpacoach.com, I want to provide you with a very simple understanding of this concept, my thoughts on if it actually will pass, and the potential impacts to you if it does.

So let’s jump right into it. Go ahead and drop a comment as you watch this to let me know what you think and let’s dive right in.

  • Eliminating Income Tax: (0:00)
  • Tariff for Tax Cuts: (1:20)
  • Tariffs Example: (1:54)
  • US History with Tariffs: (2:40)
  • History of Income Tax: (3:15)
  • Challenge 1 – Tax Revenue: (4:30)
  • Challenge 2 – The Deficit: (5:35)
  • Challenge 3 – National Debt: (6:30)
  • Potential Solutions: (7:35)
  • Cutting Government Spending?: (8:03)
  • Opinions: (9:20)

Kamala Harris – Tax Plans


Sherman – My CPA Coach – CPA Explains How Kamala Harris NEW Tax Plan Will Affect Your Wallet!

Karlton Dennis – Tax Expert Breaks Down Kamala Harris’s Tax Plan (FULL DETAILS)

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